Time, Energy, and Interest. 

@Wei Cho is an expert in this and perhaps could shed some light on the first question.With regards to the market value it depends because the appraiser has to substantiate the value add as determined by comps that have recently sold with visable ADU's as well.

My experience comes from the Energy sector, Renewables sector ( have my own solar company), as well but also CREI in MF, Shopping Centers, Industrial, etc, but I always wanted to get into the developer side of things, but not to just build but to create meaningful projects.

Doing some light research it looked like the TK properties I could afford with my current cash and conventional funding would only cash flow a few hundred dollars a month while consuming all my cash and purchasing power.

I watched NBC News from San Francisco this morning and all the talk was the $100,000 parking spot For Sale in the underground garage and not having enough energy to run the State.

I always replace faucets, lighting and anything else that would cause a tenant to call in a maintenance request.

Can someone please shed some light on it.

Or, is the basement already finished and you truly aren't changing any features, e.g. walls, lighting, etc? 

Hi BP community, In light of the covid-crisis and many states having a shelter-in-place order, what are your strategies to keep your rental leads coming?

If your time is limited to 3-5 years, and in light of the uncertain economic future, I would definitely recommend purchasing a unit that needs some work.