If you have a decent equity position you can do a HELOC on the property to build the ADU.

I would replace it, in my personal opinion, for quite a few different reasons—happier tenants, less stress on you, etc.

Inventory has held steady around 5-6 months for some time now, with roughly 11% more active listings on the market last month compared to September 2023.

Start posting some ads and start having some conversations with these guys if you don’t get any referrals.you get a better feel when you speak with people one on one.

At least from what I read on BP etc..

Congrats on taking this huge step in your RE investment journey!!

What are the numbers on the property?

@Courtney HamiltonRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Old school ledgers and rent rolls written on notebook paper...

I would assume asking proof of income on something like this is not unusual to request in a sale.