Things are slowing down in most places, San Antonio included.

Even if you self manage your underwriting should include this as it is effort and takes time.My thought on the ADU is before you proceed be sure that you understand the value that will be added by the ADU.  

You can file annual reports as required in each state yourself and pay the fees.

You can always reach out to me anytime and I can send you a comp report on any potential properties you are evaluating.Happy investing! 

My current rent is $2300 at my apartment and I'm assuming the $2300-$2500 liability will be consistent in this property given the Purchase price, interest rate, and including rental income of $2000-$2200 of the other unit.

My measly 40k won't even cover the permits and soils reports on a new construction project here.

Other costs include $1,100 for taxes and insurance, $580 in HOA fees, and $200 for lawn care, totaling $1,880 per month.These rental properties are situated in desirable locations, and I have enjoyed consistent long-term tenancy with minimal turnover.

That is still a 17.5% return(capex not included).  

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

This includes the C/O refinance once you complete the rehab.