In addition buying an existing ADU has the following advantages over building one 1) typically pay less for the ADU than the cost of doing a hands off ADU addition 2) get RE purchase financing which is superior to financing that is specific to the ADU addition.  3) there is no delay between financial outlay and income when purchasing an existing ADU.  

Purchase price: $525,500 Cash invested: $40,000 Sale price: $658,000 Contributors: Peter Vekselman Partner Driven, in collaboration with MH Property Solutions, successfully completed a fix-and-flip on Rick Rd, Reading, PA 19607.

Specifically anyone who has purchased in the last 12 months.

Having said that my last purchases were Dec 2021 (I purchased $4m of RE that month).  

I'm wanting to purchase and rehab or build in rural Ga but would like to talk to a good loan officer who can let me know if the location and me qualify for a USDA loan?

Hi Damion, There are flexible financing solutions for investors on fix and flip purchase transactions. 

I have found several with two entrances / split levels and a common laundry space such that I could rent 2-3 BR to another family or 2-3 professionals and earn $1500-2000/mo on a $200-250k purchase while living cheaply in the other 1000 SF of the house and having limited forced interaction with the roommates/tenants. 

If the best case scenario for cash will not cover expenses it seems like you have 3 choices here. 1.

All the properties were purchased site unseen on their recommendation & has been spot on .   

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.