My question is, does this sound like a good plan to start off our real estate investment journey with as little debt as possible?

On that note, I'm also wondering if I'd be violating anything in my current loan (30 yr, fixed rate conventional financing on 2-4 unit investment property).

I've found that what I value most in regards to real estate investing are the people who know about actual home repair and can approach a sale from that perspective.

If you're new to investing, this is crucial knowledge that could save you from legal issues down the line.

My investment properties are easy to claim taxes on since they are 100% investments.Do you subtract the room square footage you live in and claim the rest as investment?

The Fed will be lowering rates so that should make investments a bit more attractive.

@Mario MoralesCash-on-cash return measures the amount of cash flow relative to the amount of cash invested in a property investment and is calculated on a pre-tax basis.In theory if your rental income increases by X amount annually due to the rehab while holding your expenses constant so it directly increases your bottom line (cash flow), you can calculate the CoC return by inputting X/$45k (the cost).

Make sure you know the value the ADU will add to the property before building the ADU. 2) the financing on an ADU is typically far worse than for initial investment property acquisition or is often not leveraged (HELOC, cash out refi, etc).

However, those typically have a loan min balance of 400k or more.

@William Johnny Welcome to the community, BP is a great resource to help you start investing.