As far as cash flow, that will be difficult to come in a lot of markets with current interest rates.

I've noticed in some cities crime rates vary significantly by pockets/neighborhood, so it's best to do proper research on top of talking other people. 

We do not need rate cuts right now.”

These factors can impact the desirability of a property to potential renters or buyers.Crime RatesThe crime rates in a particular location can impact the safety and desirability of a property.

(For context, we are in the luxury market and the guests are very demanding - they want lots of communication, concierge etc.. and maintenance, lawn care, gardening etc is time consuming.. so there’s a big job beyond just brokering and managing managing funds)

Between interest rates being day high, construction costs being through the roof and propert taxes and interest rates climbing by the minute, how is this profitable?

Another question I have is what kind of financing do you typically use to fund your deals?

They pay rent before the due date, clean the property after every client, and if something breaks they usually repair it before I'm aware because their clients will give them bad ratings.

@Alison CromwellIn order to obtain a flip loan with no consistent income history, the following steps need to be undertaken: create an impressive credit score, put aside more funds as a down payment, check out new methods of getting funding besides what is available from banks or other financial institutions, involve yourself in investments with toughened entrepreneurs, show how financially sound you are by doing things such as getting enough money into savings over time through frugal living habits or accumulating valuable assets that can be readily converted into cash when required among others like developing several stable sources of income or steadily growing one.

Then maybe used your saved funds to do the ADU conversion right off the bat?