We have specific and unyielding criteria for this, which we provide to all potential borrowers in advance.

You can use a tool like AirDNA to get estimates of property performance in your specific market and with your typical size and configuration of home.

If you have any specific questions, I’d be glad to help!

In many cases, the $/sq ft value for an ADU can be slightly discounted compared to the main home, but it still boosts overall property value.As far as the specific question about Feliz/Silverlake, maybe reach out to a local appraiser or RE agent who would be able to give you specifics.

As mentioned above, they specifically allow this.  

So feel free to reach out to me with specific questions you may have.

The data @Devin Conley posted is pretty solid from my experience (I do not know Devin nor how he sourced the data, just going by my own investing experience).  

Perhaps if your partner was a general contractor or handyman type there may be some merit there to reduce costs / increase profitability.If your partner enjoys deal sourcing, a better move might be for him to become an agent - so he could legally collect commissions from finding deals and managing properties for multiple people. 

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

We provide a complimentary property-specific analysis for investors exploring the benefits of cost segregation.