Since the S&P 500 averages around 10% annually I personally don't see a point in investing in a rental that's not going to at least beat that.

@Britney RossI’ve been in the RE business for over four decades now.Most of that time spent in the single family brokerage and investing world.Several years ago, I made the decision to transition from SFR to multifamily.Despite decades in the industry I felt the need to educate myself about MF.I paid for an intense 2 week education program and then a 3 month mentorship.Trust me, it was worth it.During the mentorship, I acquired a 43 unit property with the help of my mentor.Fast forward 4 years later, I am in a General Partner in 1000 units worth $130M.So for me, it was money well spent.You didn’t mention where type of investing you wanted to do.If it’s MF, you are going to need partners and help.

Hey BP I have questions I'd like to consider myself a strict person when it comes to screening my tenants recently I have a few section 8 applicants.

Is it feasible to finance both properties simultaneously, or should I wait until next year to sell and purchase my personal home?

Have always paid for a service to do it. 

Check out the info at biggerpockets.com/conference but feel free to email me personally if you have more questions: [email protected] SEE YOU IN CANCUN! 

Each person can provide a recommendation for the appraiser and the other party agreeIf you cannot agree on an appraiser then you sure as you know what will never come to an agreement on the price.Another option is to list it and you have ROFR

I purchased for 136k and seller paid my closing costs.

Building ADU , cynically, is like we're subsidizing California government for housing problem that they're created lol but that's my personal opinion.

Turned into a great rental, that down the road will make an excellent personal or retirement property.