still relatively inexpensive I’m assuming Riverdale is obviously way too high .. 

That would save close to 14K in expenses figuring I could bill out 90% of the utilities to tenants.After rents are up to market and utilities sub metered, I could refi and pull out 100% of my money and cash flow $120 per door.

The only thing that you could do is purchase an inexpensive duplex with a low down payment and live in one side and rent out the other.

@Phat Vi,We were able to purchase an inexpensive property this past December in Winston-Salem, NC for $18,000 with seller financing for 60 months.

Our motivating factors were: a direct flight from where we lived; inexpensive properties (we started buying in 2008/09); and good neighborhoods with above average rents.

I personally believe investing in an ADU in expensive markets in California is a great idea.

Chris Carson my point in this “great” area is that as an investor you can find inexpensive properties for rentals.

This is a great strategy for many people in expensive markets like what we have here in Orange County, CA.

If I were to do this project over from the start I could have saved close to $5K in expenses.

Warren is pretty inexpensive so the additional cost for the commute may end up washing out.