Its not widely covered but Wright in the 2nd half of his life was completely consummed with the challenge of providing low-cost and beautifully designed homes to the countries working class.

Not completely liquid, but they will work to get your investment back early if you need it.

And if you bought this property several years ago, then you probably already have a killer rate, so suggestions to refinance seem silly as you probably already have the lowest rate....especially if your refinance was completed as you were an owner occupant, and not categorized as an investor to a Lender.In terms of tax implications, again, it depends on what your ultimate goal is, but if you placed this into a trust, or even a beneficiary deed, it would pass through to a beneficiary who would not have to pay capital gains on it in order to sell it. 

I am very interested to see experienced host's perspective.That's a great point, and I completely agree—many amenities are more about enhancing the guest experience, which indirectly impacts ROI through better reviews and repeat bookings.

In general, assuming someone isn't a complete doof when they buy, I don't think leveraging is as risky as people tend to think it is.

It can take a year or more to complete an ADU.

I started with two remodeling projects and have since completed three new construction projects.

@Nick AmYou're making conclusions and, much worse, business plans from very limited and, in your case, completely wrong understanding.Self-employment tax that you will pay on your property management income is not instead of ordinary income tax on rental income.

Its usually called a post-completion or post-purchase mortgage.

One year.It was completely empty when I bought it.