@Devon KeavenyPlease refer to this Spreadsheet snapshot:This is the first time I am going to give a Math example on Class D versus Class B properties!

Due to your location and the relatively low rise of water temp, I bet you could get away with one of their smaller models, which only draw 50 or 60 amps, respectively.

I don't know the statistic, but I'm willing to bet it's higher for partnerships. 

Regularvacancies are obviously never included in such insurance agreements, so overall, reserves would be the best bet.

Your best bet is to do a full rehab on the place.  

Number two FHA loans are not very desireable by sellers; they'd rather sell to someone with a conventional loan - or of course cash.Depending on the property your best bet might be a low down conventional loan (5% down) and then fund the remodel after the purchase either through hard money, family money or you can borrow from your own 401k for example!

@Nazakat Hossain how do you balance this versus the value of your time, risks of the unknown, assumptions of liability etc?

This year (2020) I attended The Best Ever Conference in Keystone, CO, which is an excellent event that Joe Fairless host's every year. His keynote speech was based around the premise of having a thorn, rather than a d...

Rent growth is why long term prime CA real estate is a great long term bet.

I think your best bet would be to put a long/medium term tenant in the basement and airbnb out the ADU.