As the local governments struggle to manage tax payer money responsibly, they should really offer incentives to private builders to build "income restricted" at a much lower price. $220-$300/ft for vertical build costs.  

@John Mason, lenders will look at your credit history, income and assets held to determine your eligibility for a 15% down payment conventional loan.

Please feel free to ask me any additional questions, I'm happy to share what I've learned.  

My long term goal at the end of my investment journey is to enjoy the journey, play the long game, and  have enough income from my investments that keeps my family well and financially independent.

Up (2 bed/ 1 bath)  and down (1 bed/1 bath) duplex located in a B-/C+ neighborhood in CincinnatiPurchase price: 147,500Estimated cost of rehab: 38,050ARV 215,000Rent-income: 2,045/monthCOC ROI: 7.75%My hesitations:1. 

I use Excell to keep up with income and expenses and any repairs or improvements. 

Best,Jon >The additional income you'll get immediately raises the value, and even though ADUs aren't appraising well now, the expectation is that that will change in the coming years.The property income does not correlate to value unless there is more than 4 units.  

It served as my primary residence & rental income for a few years.

Can I then treat my property as an investment/income property?   

It served as my primary residence & rental income for a few years.