Although the property value is not on a fast track upward, it is a desirable property due to its seclusiveness and size (3500+ sqft).

This will make the last unit viable.Minimum drawing requirements include, but are not limited to:Bear the seal of a register design professional, in compliance with Sections 33791.01, 4703.12, and 4733.14 of the Ohio Revised code.Plans shall be drawn to scale and shall be sufficiently clear, comprehensive, detailed, and legible so that a determination can be made for conformance with all of the applicable provisions of the currently adopted codes.Mechanical plans: unit types and sizes, system layout, ventilation requirements, and provisions, and control system diagram.Electrical plans: riser diagram including provisions for grounding, panel board schedules, lighting plan(s) and circuiting, power plan(s) and circuiting, and special systems plans.Energy calculations.Provide a site plan showing to scale the size and location of new contruction and all existing structures on the site, including setback and side yard dimensions, all property and interior lot lines, distances from lot lines, the locations of the nearest streets, the established street grades, types and sizes of all utility lines and the elevations of the proposed finished grades; drawn in accordance with an accurate boundary line survey.Submit plumbing plans and details that locate and describe all fixtures, fixture schedules, and show compliance to handicapped accessibility.

Actually this ADU is twice the size of my SFH which appraised for $283K in our market.

I use this to easily have the data to give to my CPA.You can likely Google a good Excel template that you can use to customize as time goes on.I keep tenant info, AC filter sizes, trash pickup days, Magistrate info for potential evictions, Section login info in addition to the normal income and expense info. 

I must not be very good at sizing up a market is about all that I can figure. 

Passed for a slew of reasons, but at least plots of land, compared to time of permitting, compared to all costs involved did compute for decent final rent roll.Bottom line is that when a rehab costs as much as your purchase price and you'll end up with same size and sq footage you started at...pretty much a never. 

@Lisa Eckman I don't think it matters the size of the loan.

If you plan on being an active investor, owning and managing your own property, depending on the asset size and type, your stress level might just end up being transferred rather than eliminated.

Looking for Elder Single and not in same state as yourself...My partner and I have  developed n Sold Travel Trailer / residential.Parks. recommend warmer Climates for Small Park size One bedrooms or Travel Trailer Full time  living. 

Fire damaged or just damaged, the calculation is, how much does that size home on that size lot sell for if brand new construction and same for fully renovated and move in ready.