Is there something we are missing or an easier way to do this?

If you do eventually upgrade to an ADU, you will want a separate meter, so if you could put it in now, would that be something you would do?

Yes, I could have done a 1031 but since the market is still over priced, my gain wasn't even enough for a down payment on something of equal or greater value so I had to take the hit. 

It’s my first rental so I just need something to get the gears going, but I’d also like to get a feel for property management.

Hi,Does anyone have placeholder amounts (numbers or percents of something...?)

Plus if you something comes up, getting a HELOC and then pulling from that when you need it can also be a good strategy. 

 - the issue is not the poor return on this RE (the return has been great), but that if you had purchased something in same appreciation market, you would have done better

Asking, WHY is something so expensive or "cheap" is the better question. 

This is something I am curious about as well, as I am looking at investing in student housing in the future. 

That being said I'm planning to post a case study of how I helped my brother-in-law, a Contractor with a small 4-man team, go from struggling to $46,000 in new business in a very short time frame.If I had to write a highly click-bait worthy headline for this case study it would go something like...REVEALED: Struggling Contractor Signs $46,000+ in NEW Business in 7 days for FREE Without Paid Advertising Using This Simple 3-Step SystemI'm a glutton for memes, dad jokes, and anything that pokes fun at how ridiculous us marketers slice and dice language and communication in our marketing :)

My brother-in-law specializes in building patio covers, fences, decks, pergolas for residential homeowners.