Meaning the at the end of the lease, the tenant has the option to buy (but not the obligation) whereas the seller has the obligation to sell if the the buyer chooses to buy (works just like selling stock options!)

That works much better at 50+ unit properties.I have made the decision to invest exclusively in SF homes a long time ago, because it requires the lowest amount of management and provides the highest revenue per unit.

I'm assuming you haven't achieved mastery in all 3 categories, but realistically you can choose from 2 of the 3 categories.

If you choose to sell, consider post-retirement timing, installment sales, or a 1031 exchange to mitigate taxes.

either where you live, or a couple hours from where you live, or where you have family, or where you like to visit, or where you went to college, or whatevera lot of times choosing a market based solely on ratios or numbers goes poorlyhope this helps

If choosing to sell the DADU, did you split the lot or is this wrapped into condo-izing the home and DADU? 

The first thing to do if this is the route you want to take is build a team of rockstars in the city you choose to invest in.

You may have to do month-to-month leases.Regarding the basement, most cities really don't care if the homeowner chooses to live in the basement.

And with 1st liens, our warranty works the same way but some investors choose to keep the property over getting their money back, so our buy back rate can even be lower with them.

I also could have sued him for my full commission because I had him sign an exclusive buyers agency agreement prior to the showing, had I wanted to.