We typically pick a market, then run the numbers on what to expect from our investment in that market.

I am not saying to chose that I am just giving an example.

For example it doesn’t matter if you are buying a $100k or $1M home, don’t cheat due diligence or any process.8.

ADU additions typically cost more than the value added.  

@Victor Solomon - I second what @Katie Balatbat said.Without knowing all of the facts, If you can do it outside of an S-Corp, it is typically better. 

These could be terms that end up insulating you from risks that the majority of the market could be affected by.For example, I am co-sponsor of a multifamily investment right now that is assuming debt at 3.64% fixed-rate interest with a loan term lasting for 8 more years. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

Be prepared for more work than a typical purchase, though it is not always this way.

For example, do you get lists and do mailers or call people from sites like PropStream or other others?

It does cover the cost of cleaning for a typical 3-month lease, but guests who renew their leases and stay longer often have excessively time consuming turnovers.