Buy another one or two and get them to rental then reflect on lessons learned and repeat.  

Their track record should reflect successful transactions with other investors, showcasing their understanding of the unique aspects of real estate investing.

And most markets, the numbers still reflect that there's a shortage of available inventory, but because interest rates are so high, a lot of activity is slowed and so builders currently have more incentives.

@Ryan Boren         Ryan,           The closing cost estimate given to you by the Bank reflects predominately fixed costs.

So I am still showing a monthly loss on paper but I don't want to have to wait another year of these new rents to reflect on a tax return.

Simply stating a deadline of May 1 is not good enough to reflect your intention.

A good handyman and plumber should cover most of your maintenance issues.5) Make sure the property is rent ready - Have the property reflect the tenant you seek. 

You will find cap rates reflect the perceived risks.If you can setup systems to navigate the risks, it can be highly lucrative.

Since there is so much rejection and temporary setback in sales, you will do a lot of self-reflection which will in turn bring you closer to your life's purpose/meaning.

Similar to what Steven said above, you also need to be aware that the immediate appraisal value post-ADU construction might not fully reflect the investment that you put in.