My second option is no Fixer-uppers and just buy good condition house for rental investment.

@Steve Cho, people call things they aren't all the time.

But my second answer is that if you are able to “go it alone” from a directional control perspective you will be much happier, and can operate lean where there is no counter arguments to be had with a partner.  

No credit is needed.

But 2024 is the year I feel called to truly start my journey and I’m excited for everything I will learn along the way.Thanks for reading and have a lovely day!

Living there I happen to know several tenants aren't paying and there is no restaurant currently there and hasn't been for years. 

Each option has its pros and cons, and I'm hoping to get some insights from this community to make a more informed decision.Option 1: Building an ADUPros:Increased Property Value: An ADU can significantly increase the value of my primary residence.Control and Proximity: I can closely manage and maintain the property since it's on my land.Potential for Higher Rent: ADUs in bay area can fetch a good rental price.Flexible Use: ADUs can serve multiple purposes – home office, guest house, or rental unit.No Additional Land Purchase: Utilizing existing property means no extra cost for land acquisition.Foundation improvements: I will get an upgrade for my foundation which increase house stability.

It's supposed to ensure there are no surprises after closing.

There was another known heir the passed with no children to pass her ownership to and a few others that can’t be located. 

hello BP - have to call on your vast, extensive experience.