As far as market viability goes, I need to run the numbers.

I guess using a 5% cap ex budget is unrealistic since the home price is so low.

As far as I know, you just sign a normal AOS.

I am still digging through the site, there is so much information sometimes it can be overwhelming!

You are right, as far as I know, you cannot buy 4 houses with 5% down each at once, that's why I said theoretically.

The value difference should not be significant for a tub/shower vs shower only on an ADU as far as an appraisal goes.

That, and the closing costs, would mean a 75% of my savings.I had been reluctant to surpass the 50% of my savings, thinking in the next property that I may buy later on, but since it is so hard to find a deal like that I been thinking about it.That is why I am recurring to this space for opinions about it.This is my first post by the way.

As far as I know, your not owning a personal property should not preclude borrowing a conventional rental loan.

Looking as far as Voorhees, Cinnaminson, Delran, Marlton NJ.

There is so much that you can only learn from either doing it and making mistakes, or building relationships with people that are already doing it.