Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

Ok so a diff path then my previous post.I also wanted to invest in real estate but just assume( and bet is probably true) that most of the people that find truly good investments have  either or all of the following the most "average joes" don't:1.

Since I will be managing it after purchase, you can be certain I'm not going to sell you a bad investment.

You can probably just go ahead and live in that 5th unit, but I believe whenever you go to refinance it with a bank or what not, the 5th unit will make it require a commercial loan and not residential regardless of what the county records show the property to be. 

But it seems to my simple way of thinking isn't that *also* going to reduce your monthly benefits to a large percent?

Make sure you know the value the ADU will add to the property before building the ADU. 2) the financing on an ADU is typically far worse than for initial investment property acquisition or is often not leveraged by the ADU (HELOC, cash out refi, etc).

You may want to pay an appraiser to determine the value at the time of inheritence.

let me know what you think if you go to auction.com you'll see it's being bid on over the next few days. 

The property is unique—it’s off-grid with a well, solar power, and a fully finished interior.

I'm currently going through this with one of my clients.