You may also be underestimating the effects of inflation.

It's a very fun and engaging way to build capital if you are smart about it.

Storage areas can include built-in cabinets, closets, attic space, and even outdoor sheds, etc.Laundry: Including a laundry area and machines is a big bonus for tenants, as they compare that with apartment living where they would have to use common laundry machines that require payment.HVAC: Make sure to include an effective dual heating & air-conditioning system to service the ADU, so your tenant is comfortable in the unit.Kitchen island: It may be difficult to squeeze in a kitchen island in a small ADU, but it’s a big bonus if you can make the space.

They do use the swamp coolers in the SW which aren't very effective in the more humid parts of the country. 

If I locate off-market properties in my neighborhood and find out who the owners are, what's the best strategy to engage them?

Now, you will average the two middle scores (600 and 720) and the representative score is 660.This goes into effect on September 18th.

I obviously dont know each state, but the only person Ive heard mention on BP that it was legal in their state was a Florida agent.I'm fairly confident that it's technically legal in Ohio but my understanding is the Division will scrutinize the heck out of you and require a ridiculous amount of disclosures to ensure you make it clear to the seller that you are going to make a whole bunch of money off of them.Like you literally need to have them sign a document that says something to the effect of my commission will be anything I can sell your house for over $100k.

Performing the job effectively is the tough part.

I would say effective age of the property might be a better measure.

Tenant PoolThe only way to consistently make money is to keep the property occupied by what I call a good tenant, who:Has stable employment in a market segment that is very likely to be stable or improve over timeHas a credit history with which you can evaluate the likelihood that they will performPays all the rent on scheduleTakes care of the propertyDoes not cause problems with neighborsDoes not engage in illegal activities while on the propertyStays for many yearsGood tenants are the exception, not the norm.