Since the S&P 500 averages around 10% annually I personally don't see a point in investing in a rental that's not going to at least beat that.

A huge thank you to both teams for their dedication and hard work in making this project a reality.We are excited to see this project come to life and contribute to the growth and development of the community.

TIAWe deal with this quite frequently in the Lehigh Valley as rent growth is far outpacing local income. 

Hey BP I have questions I'd like to consider myself a strict person when it comes to screening my tenants recently I have a few section 8 applicants.

These were original 1920s hardwood flooring so that will make a difference, as the grain is dense and hard and doesn't absorb as readily as newer, quick growth hardwoods.

Is it feasible to finance both properties simultaneously, or should I wait until next year to sell and purchase my personal home?

Loan Paydown/Equity Growth - Grow equity for "free!"

Building ADU , cynically, is like we're subsidizing California government for housing problem that they're created lol but that's my personal opinion.

Each person can provide a recommendation for the appraiser and the other party agreeIf you cannot agree on an appraiser then you sure as you know what will never come to an agreement on the price.Another option is to list it and you have ROFR

Check out the info at biggerpockets.com/conference but feel free to email me personally if you have more questions: [email protected] SEE YOU IN CANCUN!