At 65 personally I'd want debt paid down or gone but it's not bad to add some more properties.

What  are the implications to me legally if I rent out to a person that has filed bankruptcy? 

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So homes with ADUs sell for more, and the appraisals have followed pricing for four+ years now.I personally know an investment group that targets neighborhoods, mostly in the San Fernando Valley, where comps with ADUs are outperforming non-ADU comps so that they can refinance out the value created by their ADUs.

Both of whom I've used personally.

Certain things need to be redone for selling vs renting vs personal.

House hacking will also give you some personal "property management" experience.

Personally, a developer bought land next to us and tried to clear a portion of our land along with his, said the line was unclear and he'd dispute it so best to let him proceed, but he backed off once he knew we had our survey and owners title and would make a claim.

I am by no means a lawyer or CPA so take my advice with a grain of salt....but we personally do flips in one LLC, and rentals in another LLC.

In my experience, the water company will give the person paying the bill a credit for the overage caused by the leak.