I just checked your settings, and it looks like you have location notifications turned off.

Practice these answers until they roll off the tongue.

However, now we find ourselves at a crossroads.The property is fully paid off and holds sentimental value as part of our inheritance.

The number usually varies from 10-20% depending on credit score, property analysis, etc.Some lenders will work with any level of investor experience, credit scores as low as 660 and can close in as little as 10 days (there are loan options for 640-660 credit scores- they require 20% down).Another good thing is interest only and 6-24 month loan terms- you can refinance by selling or refinancing to a long term DSCR rental property loan at any time once you complete the rehab.Once the property is ready you can sell it or if you want to keep the property as a long term investment, you can underwrite the loan based on your income /debt to income (DTI) ratios or you can go the DSCR route where the loan is underwritten based on the actual or market rents from the appraisal.DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

For Redfin to show comps you may need to login to view the past solds, if no sales data just discount a few % off the listing price since some markets are going for near retail anyway.

The solution to your problem is to start paying down your properties, by selling 1-3 of them to pay off the others and have a healthy pile of cash then hire a PM.

Most listing agents for REOs will probably not take certain kinds of POF letters very seriously and you might be better off approaching owners of real estate instead.

How do you go about deciding whether to add large scale amenities vs another building or using the space for something similar. i think even if the foundation is usable from for the ADU, far from a certainty, that your cost estimate is off by approximately a facor of 2 (meaning it will cost close to twice your estimate assuming you are not doing a lot of the work yourself).  

You plan an active role so it should not be as pronounced as a hands off ADU addition.  

Are getting it off market and the numbers make sense.3.