@Celine Suzzarini It's really going to depend on what your lease agreement states and likely what city your rental is located in as there are some city specific ordinances that could be a factor. 

We probably could cash flow if we rented rooms and after raising rents on our ADU tenants, but choosing not to.4.

Depending on the experience we may opt not to go the LLC route and try to establish other strategies for asset protection that is consistent with management and cost minimization.Would appreciate hearing about the experiences of other real estate investors, including about the pitfalls to avoid with this kind of structure? 

@Hoa Nguyen it depends on your terms.  

My best advice is the manage the debt better on property #2(as in recast this), evaluate rent appreciation on #1 and depending on income if you do buy a primary-- you better pay cash.

Similar to Brenna here, but it does largely depend. 

It depends on your investing goals and business.

Don't depend on Airdna data.

If not, you might have to pursue legal means which would differ depending on your state/county.Honestly, I hate security deposit dispositions.

The projected appreciation is tough to assign a value to, but 3% is a good conservative number, then it just depends on how much the property is worth.