(I would question it since the main home is not renovated) what are the chances that they did everything right on the ADU but didn't have the funds to do the home… hmmmm doubtful Make sure they have the permits (call the city and see if they have permits on file). 

I help manage properties and right now, I’m trying to help my partner get some of his properties listed and sold.

We have a group right now of about 15-20 that meet monthly (lately less with going into summer).

An $800,000 Single Family home with an 8% interest rate earning $300 a night with an occupancy rate of 60% isn't even close to profitable once you factor in every other expense, and yet there are Geodomes that, if you want to be generous with the construction cost, might cost $100,000 each that are earning $200 - $250 in the right area, with the right management.

@Jeremy Altdorfer -- that doesn't exist right now.

It’s an area that people don’t want to mess around and screw up on right?

Is this the right site? 

You can flip later; it just may not be the right fit for you now.In addition to books, these forums, and podcasts, the best thing to do to get you focused is to meet other investors who work that asset class or strategy at local meetups.

@Jaekwan Lee - You're asking the right questions.

I basically want to understand the process and prepare and make sure I hire the right team to help me.