Thank you once again for any advice you can provide.

If you're thinking about turning your garage into a bedroom with a bathroom to make some extra cash, here’s the scoop based on my 20 years of experience: You'll need to budget for design and engineering costs, which typically run between $2 to $3 per square foot of your total property area, not just the garage.

To get accurate and up-to-date advice tailored to your situation, it's highly recommended that you consult with a qualified tax professional who can review the specific details of your syndication investment, your financial situation, and the applicable tax rules to provide accurate guidance.

There's loan programs that exist that provide the rehab capital needed to fix up the house but access to those funds are at an "after the fact" discretion. 

I did take an extra day between my last guests because we had to swap out a water heater and do some touch up painting.

Although I will continue to research on it and follow the accounts provided in this thread.

I agree.I don't think the golf simulator will guarantee you extra income, bit the ADU would get rate extra cash.

I would think you would go the extra mile and provide them with the trailing financials to help them make an efficient decision in a highly inefficient market.

Also, there are a variety of strategies under the lease option umbrella, and this diversity gives you a greater chance of providing the seller with what they need to do the deal.

If you are picky and want extra done (That doesn't affect the sustainability of the property).