I emailed applications- which I learned may have not have been the best approach, since it seems like it slowed down the process a decent amount, but I would like to make a decision and commit to someone so I can take this listing down and be at peace knowing I selected the right tenant for this unit!

@Forrest Holden perhaps it would make more sense to make sure you FULLY understand what each PMC you interview ACTUALLY does to earn their tenant Placement Fee.We do a lot more than at least 50% of our competition to earn our fee.For $300 no PMC is going to put your property on the MLS to get itmax exposure with other agents.Also, with the rental market finally slowing down, how wise is it to go with the cheapest company instead of the best?

We have a few things in the pipeline currently and many more to come as this market slows.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

I'm in hopes that all my experiences may help others from committing the same  sins that slow the journey.

It is likely that the price increases will continue to slow while interest rates remain high.

@Billy Daniel I would strongly recommend you dip your toes in the water before quitting your job and diving in the deep end.

People buy on what the bank says they can pay monthly, so if rates remain high and wage growth slows, which it should, affordability will remain an issue.

We did the slow and steady thing, saving up one salary when we were mil to mil, and then we set aside tax-free, hostile fire pay, family separation, etc. and we used the 10% savings account for those deployments where that was offered. 

Sorry for the slow response.