Not a political comment on the merits of those things, just saying there are risks to owners of property/capital when economic populism drifts too far left.

Anyone see merit in just going with the ADU?

I would look for you new "primary residence" with a 3.5% mindset. 50k cash would merit you a 1.5mil quad. 

So while I am not debating the merits of investing in Texas as a whole.. but there is no tax savings for a CA investor.. tax savings would be lower property tax states Like NV  IN  etc. 

They evaluate each property on it's own merit. 

Each deal is analyzed on its own merit.

If not, I understand the merits of establishing my own.

Hello All - Quick Question for the Forum: Should a NEW investor proceed in purchasing a property based exclusively on the merits of the DEAL (Cashflows 200-300 per month, good CACR) even WITHOUT 15-20% down and without a rehab budget on a property?

This is not a question regarding the merits of flipping vs. renting.

As the majority of Americans have their net worth tied up in qualified retirement plans or equity in their primary residences it is prudent to evaluate the merits of each asset.One point to add I think is critical is that with a 401k or other qualified plans you have NO CONTROL over the asset and are subject to the government parameters set forth.