Hi everyone, does anyone have experience putting through an ADU for an already completed unit.

For example:Co-op has 100 units and an outstanding underlying mortgage of $20,000,000 ($200,000 per unit allocated).

Mix of both-- we have portfolio in West Texas (at the moment comprised mostly of 1-4 unit properties) but are looking to expand into DFW multifamily now.

The biggest issue we are running into at the moment is finding a profitable multi-family unit and how to fund it.

.- These projects are separate than unit interior renovations (most of these properties had units renovated 7+ years ago and that was easy to measure).- I want a market adjusted return/yield.

I outlined in my lease that the tenant agreed to allow me to show the property if necessary to rent the unit out. 

Do you self manage your units?  

There are no other occupied units in this building.

I wanted to live in one of the units.

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