By easing into real estate with a well-thought-out plan and measurable goals, you can demonstrate the feasibility of your vision and work toward earning his support for future investments.This post does not create a CPA-Client relationship.

I also saw your post on one of the local Buffalo facebook forums, and will caution you that you are going to get a WIDE variety of feedback from a WIDE variety of investors -- especially on that group! 

Look for books published in the last 2 years as some of the books post 2010 seem to give people unrealistic expectations.

That's a significant discount --- I wonder if they are seeing a decrease in homes posted.

Originally posted by @Anthony Fontana:For those that do not feel comfortable enough with excel to build out a tool on your own, I would suggest starting by taking excel courses focused on dynamic real estate modeling.

Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too.

@Richard L Buchanan what is the point of your post if you're not going to share something we can help you with?

I know this post is a little old and not sure if you went through with your ADU construction yet, but my partner does ADU ground up construction in the LA area.

This puts the current market rents of $885–$925 per unit well within the affordable range, with room for modest increases post-renovation.I’ve also reviewed competing properties in the area; apartments seem to be listed between 975 -1000, and houses are listed between 1300-1900.

The issues can be local so look for someone in your area who is posting and try to contact.