Along the way, I've been diligently saving and building my credit with the dream of owning my first property.

It's a scarcity play" What he meant is we purchased land value.for example in Cupertino we had 384 sqft sold for 1.7 mil , purchased probably by developer that want to build house there and selling for 3-4 mil.This is the exception of the game, if we purchase in Cupertino yes the yield is better than CD but if compare to … somewhere in Iowa maybe CD is better

I'm actually about to replace the front door on my apartment building and was probably going to go with Fiberglass. 

For example:• 2 blocks down from the second largest hospital in the area so perfect for traveling nurses.• Needs lots of new paint, floors, wallboard, plaster repair, fixtures, and updated appliances.3.

Obviously if it was more than like an 8 unit building it might be best to hire a management company.

You must analyze all the data (size of properties, # of properties of each size, location of best producers, regulations, # building permits for that size issued in the last year)3.

Adding value to your property like an ADU/DADU but those also cost money to build so overall you still wont cashflow.

In terms of mitigating your risk - particularly if you buy a condo - consider a newer building, steel or masonry construction, a unit on Floor 3 or above where Flood insurance wouldn't be necessary, larger buildings where costs are spread amongst more owners, and buildings with a financially healthy HOA (track record of good management, reserves in the budget to cover large capital expenditures, etc).

Is building an ADU a good idea right now, or ever in this area?

To provide clarity about my situation, I am currently job transitioning and would greatly appreciate insight on building a portfolio with income limitations.