But the commonly heard number for ROI is 3- 5 times what you would get from a traditional long term rental.

You are in the trades so you should know people well enough to get a light rehab done yourself with some buddies.

All new modern light fixtures with new flooring and carpet throughout.

All new modern light fixtures with new flooring and carpet throughout.

traditional mortgage How did you add value to the deal?

I'm seeking a loan that will allow me to aquire a property, do some light rehab to the existing single family home and also provide sufficient funds for the construction of an ADU in the back yard. 

Traditionally, Blue Ridge has provided the opportunity to be on the lake at a lower entry point than others in Georgia such as Lake Burton and even Lake Lanier.

I hope I have to do enough local market research to feel confident enough to give yourself the "green light"!

Another way this could work: If the seller is young/savvy, they could sell you a house with seller financing if they don't want to pay the taxes that come with a traditional sale.

THANK YOU You probably need multiple lights and will need to recharge or replace batteries regularly.