Mom and pop will not make 10% COC but they will continue to be involved in real estate because it has the biggest upside and provides the best opportunity to leverage money for everyday Americans.  

I would suggest the expenses of operating an ADU are reasonably minimal, so let’s assume they are 15% of annual revenue (and tenant pays their own utilities).$1,500/month x 12 months = $18,000 annual ADU rental income$18,000 income – $2,700 expenses = $15,300 net annual revenue$15,300 net revenue / $100,000 investment = 15.3% annual return Two Bedroom (700sf)Lets assume the total cost of this unit is $225,000 ($321/sf) and the rent we can achieve for this nice, new 2 bedroom ADU is $3,000 per month.

Defintely talk to a lender because there are a ton of factors that will play into the amount of next mortgage you can get- the biggest ones I dealt with were DTI ratio and the monthly payment I would have to make on that HELOC.

A few months ago my biggest weakness was my underwriting.

The biggest thing that will impact your R&M and capex budget is your upfront reno budget.

One of my biggest concerns for renting the place out is the tenants will ruin my place.

I think this expires after 2025, but it is pretty nice right now for those businesses that show a tax profit.The biggest benefit of taking loans versus cash is leverage.

The biggest advice I could give you about finding a house hack is reaching out to as many people in the industry as you can and tell them what you're looking for.

The biggest reason why is that we have highly renovated homes and we treat them with respect - as long-term residents.  

So many people have pets that it's probably one of if not the biggest limiting factor to getting tenants.