You're speaking my language ; ) We've been buying and renovating properties that have ADU potential for quite a few years now and about a year and a half ago converted one of those ADUs to an MTR and it is working out great.

However, that doesn't mean there aren't good investment opportunities available.Richmond has a diverse real estate market with several neighborhoods offering potential, though it might require looking into properties with different strategies in mind.

This, coupled with the ADP data is giving traders reason to bet that Friday's Non-Farm Payrolls will be better than expected and potentially give the Fed enough data to start tapering on Sept 18th.

5) use free tools like AirDNA rentilizer, awning.com, etc to estimate revenue potential.  

The purpose of our newsletter and service is to find and provide the most unique and in turn, what we believe are the most profitable potential STRs hitting the market daily.

A higher potential to earn more rental income

Also, few calculations take into account the potential reinvestment of the money earned from the real estate What other access to money do you have?

If the property can cash flow or has potentials for appreciation, it would be a good idea to do a cash out refinance and move on to the next property. 

With a Gross Rental Income (GRI) of around 60k, it's no surprise that similar condos in the area have the potential for a healthy return on investment.

If you are interested in exploring potential partnerships or discussing investment opportunities in the commercial real estate sector, I would be delighted to connect with you.