I would definitely factor in some substantial capex/ maintenance and repair costs which could lower your returns.  

As of now that definitive list is ADUs are allowed in the following zoning districts: R-1, R-2, R-4, R-6, R-10, RX, OX, NX, DX, and CX.

Hey Andrea, for STR you're definitely going to want to look into A/B class areas.

Rewey: The Sub-To is definitely on my top 5 list. 

.: What would be the price ranges of Class A, B and C properties in your markets ….If you don’t mind sharing, what are the definitions of Class A, B, etc?  

So I would definitely do some independent research on any company that is actively offering life-lines to real estate companies in trouble.All the best!

Use IRS instructions to understand the definitions.

With an extra vacancy or a maintenance issue or an extra turnover, this is definitely a negative cash flow producing investment.So when you say the rent growth and value growth have exceeded your expectations, I would love to have you respond as to how that is possibly the case. 

@Andrew Steffens Yes, low data definitely makes it riskier.

A quick google search of your state indicates the following regaridng timeline to give notice:30 daysFor tenants who have lived in the property for less than one year, or have a lease for less than one year60 daysFor tenants who have lived in the property for more than one year but less than two years, or have a lease for more than one year but less than two years90 daysFor tenants who have lived in the property for more than two years, or have a lease for at least two yearsI'd definitely touch base with an eviction attorney in your state to ensure you are not missing any steps and to have the attorney as a backup option in case the tenant does not vacate easily.