I think this version and mindset episodes are my favorites.

Definitely if the cash flow is the primary source of return, there are numerous other investments that are more passive (ADU additions are far from passive) that are likely to produce better returns. 

There are webcasts and tools that will help you find deals to get started and analyze them to be sure they are good ones and not lemons . . . very inexpensive source of education and one "bad deal" woudl more than cover what you woudl have paid for an annual membership.

If hat is probably one To run by your favorite mortgage broker opposed to direct lenders as they will be more likely to have a outlet.

I believe the overflow came out of the washing machine drain (first noticed there by the tenant), but I don't think that rules out the kitchen sink as the source. 

Take notice....One of my favorite sayings came from a favorite Civil War General - "never take counsel of your fears" ...John Jackson

4. this is where BP's favorite calculation, Cash on Cash flaws woefully short.

My personal favorite is "Every Landlord's Legal Guide" by NOLO because it includes a lot of practical advice but it also has your state-specific laws.

If you're going for traditional financing, NO lenders will accept it.For primary purchases, you can get around it by asking family for gift funds, then "gifting" the relative the cash later, so the lender can source the funds.But for investment property loans, cash gifts are not allowed.

An equity cash out approach may be an alternative source for you .