As a comparison: the CFA program (the gold standard in finance) can be done for less than $10K.

Michaelhttps://www.efficiencymaine.com/at-home/home-energy-savings-program/heating-cost-comparison/

He uses Japan as a model for comparison their Real estate is apparently still stagnant from a bubble in the 70's.

Realize it is not really an apple to apple comparison because in the one case you are purchasing the land while in the second case you already have purchased the land.Because the land is already purchased for the ADU, it is very unlikely that her investment dollar can produce better COC via a full property purchase than building and renting the ADU.Good luck

Also the comparison for residential properties is done based on comps, where for commercial ones it's based on income.

For example, 3000 mailers a month in LA will lead little to no results in comparison to the big hitters who are sending out 40k a month here in LA.

The purchase price is based on the sales comparison approach as vacant to allow bridge funding for renovations then the income approach is used when occupied/stabilized for the permanent financing.

I'm starting to really get a nice point by point comparison of what each number means in a contextual sense.

I feel like I made a solid investment based on the cash flow but how can I use the BRRRR method if my appraisals are coming in so low in comparison with the cash flow?

., sales comparison approach.