I was just curious if when analyzing, people use the BP calculators in general to determine if it's a good idea to dive into the details on a deal.What types of assumptions for your local market might not be captured in the calculators if you don't mind me asking?

Even if you send requests to apply some don't.To make sure you don't get into trouble (Fair Housing Laws) determine your criteria for what you are looking for in a tenant: 3x income, no evictions or no outstanding collections to landlords, no criminal cases or misdemeanor case ok, minimum credit score, etc.

I can get the basis value by: "To determine the basis of an individual lot, multiply the total cost of the tract by a fraction.

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It sounds like you have some business narrowing to do yet to determine the best investment route that fits you, your skills, your resources, and overall goals.

Also, it should be fairly easy to determine the square footage by measuring the length and width of the ADU and multiplying them. 

I would consider a sensitivity study to determine if you are off x% on rehab, what does your cash flow & equity look like?

Know the history of the property and determine what advantages you may have. 

I'm just trying to determine if a) we want to purchase this property at all - and - b) if we want to approach this specific tenant directly versus listing it for rent publicly.

Covid caused a lot of migration that I think we are still trying to determine how will impact pricing.