The renovation length must be 7 days or less- which means picking a truly lipstick property.2. 

I mean some loans require you to have a certain net worth.

Do you mean there is some sort of deposit for bidding that is non refundable?

I keep receiving mails from  insurance and mortgage companies to protect my home by getting a mortgage insurance. life is unpredictable and this seems like a no brainer.

Hi M,I've been living in Dallas for 6+ months now and am yet to connect with any real estate folks.Maybe I'm snobby and thought folks would just cold reach out to me wanting to connect.But I guess not and it is up to me to hustle others to meet and network.Ahhhh, those where the good old days when I use to hustle others for a meeting... lolI guess I'll just keep all of the knowledge of flipping over 1,000 properties and currently managing over 400+ SFH all for myself lolJokes 😁

Each option has its pros and cons, and I'm hoping to get some insights from this community to make a more informed decision.Option 1: Building an ADUPros:Increased Property Value: An ADU can significantly increase the value of my primary residence.Control and Proximity: I can closely manage and maintain the property since it's on my land.Potential for Higher Rent: ADUs in bay area can fetch a good rental price.Flexible Use: ADUs can serve multiple purposes – home office, guest house, or rental unit.No Additional Land Purchase: Utilizing existing property means no extra cost for land acquisition.Foundation improvements: I will get an upgrade for my foundation which increase house stability.

Assuming you are keeping them, you'll want to familiarize yourself with the BRRR method--both in terms of concept and actual tips and traps.

I mean really ?

Some properties are not worth keeping, even though person can become emotionally attached to them.

Just keep those relationship professional to get the rents.