I have a property in CA and based on what I know, you should bring in a solid $3500-4000/mo even without a renovation of the basement.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

The platform was intended to be an add-on benefit to Roofstock's existing customer base.

Base case scenario is straightforward renovation, add class A amenity package, improve NOI and resell as a single asset. 

We fund with a combination of Hard Money and Private Money.Hard Money will provide financing for 90% of the purchase price and cover 100% of the rehabilitation costs based on a draw schedule.

I asked to drop the purchase price to 25k to cover my bases on the fernest and other stuff. 

Property in question is a 4 unit, new construction multifamily town home, based in Oregon.

I always replace toilets, shut off valves, water fixtures, add frostproof water spigots with additional isolation valves for winterizing, switches, light fixtures, Add ceiling fans to every bedroom, GFCI outlets, regular outlets, smoke detectors with 10-year or hard-wired-in, use a quality one coat semi-gloss paint, basic white washer/dryer and Exterior door locks with touchpads (key free). 

@Emil Pinlac - we're based on the Bay Area so prices may be a bit lower in Sacramento but we've done a few projects in a similar price range as @Whitney Hill mentions - $150-200K of project costs for ADUs ranging from 500-750 sq ft.

Of course tenant attorney says there is no cause, tenant pays and there is no merit to the termination.Termination letter served (sent by PM 90 days prior that puts end date at 2/29/2024) is based on a lease paragraph stating tenant did not abide by lease regarding “agrees no drugs or other illegal substances will be used, manufactured, sold, or distributed, on, or from the property.”