And since you are using a property manager, property managers do not work for free.Meaning there will probably be some sort of management charge for handling the repair man and for handling the renter, in addition to the workman's charge. 

I think it'll be a positive addition to the neighborhood and will block some noise from the main street nearby.

I have also been exploring the option of investing in Ohio and Georgia, but I am not yet sure if I want to invest so far away.

I am here to learn more and explore down the rabbit hole!

I've been listening to a fantastic podcast called "The Dream" that explores multilevel marketing.

ADU additions typically cost more than the value added.  

The other consideration I would think about when the conversation of leverage comes up is the equity you have in the property with the additional proposed leverage and cash flow of that asset with that much leverage.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

If I were to get my park back up and running, I would be adding the ability for the trucks to plug in (cut down on generator noise and exhaust - I would charge for access or build it into the rental fee, and most food truck operators would love this option), add real bathrooms, and add other features as an additional draw to get customers for the trucks. 

I'm heading to Troy this weekend to explore since it's been a few years since I've been there, I'd love to hear what neighborhoods I should check out and why.