We have created an investment plan for them to buy shares of a property, against what we put down for an initial down payment, so it accelerates there returns.

When they do the annual or spot inspections, they always find something, usually very very minor as it just passed the initial.

Initially when we began we decided on things by gut because we were learning.

@Amanda KwongHi Amanda,I have not received my initial investment back from the 2015 Fund yet.

That was my initial plan when I first started investing, but I was having a hard time finding a four unit.

What kind of initial investment should I expect?

The initial heartburn of lost reviews will likely be negated by more bookings (because guests don’t often like booking from large companies like Evolve) and hopefully better reviews with you as PM.

Refi the property to get your initial 70k back.

I hear if you fail it could take weeks for them to come back out so I just wanted to better prepare for that initial inspection and what to expect and also, any issues before then.  

Also make sure you understand everything about adding an ADU including value of the ADYPU, financing, impact from rent control, duration between initial expense and initial income, true cash flow (know the 50% rule, at 50% rent ratio initial property tax will be near 20% of income)- educate.