Doing all 3 scenarios here would cost about 1M$ to 1.2M.The numbers are:- Purchase price: 1.5M$- Current mortgage: 65% LTV, 2.55% 30y fixed- Property taxes: estimate 25k$/y- Current rental income from two 1bed/1bath units: 2200$/m each- Previous rental income from the 2bed/1bath house: 3600$/m- Property mgmt: 12%- Quote for garage ADU conversion: 500k- Quote for remodel: 400k- Quote for JADU: 300k- Estimated rental income from ADU conversion: 3500-4000$/m.- Estimated rental income from remodeled house: 5000-5500$/m.- Estimated rental income from JADU: 2500$/m.Concerns we have:- There's no comp in the area that sells for more than 2.5M for a setup like this.

SUCKS CUZ I WAS JUST TRYING TO SECURE A LITTLE STABILITY FOR MYSELF AND MY HUSBAND WHO HAS CYSTIC FIBROSIS, GRAND MAL SEIZURES ( THAT OFTEN RESET HIS WHOLE BRAIN), AND IS CURRENTLY OUR MAIN PROVIDER. 

Any feedback from current mentees would be appreciated.

Morning,            My current accountant charges me $725 to do my taxes for my three properties.

I will be sticking to my current method of one account for deposits and then transferring the money around.

I do not have this in my rental but its something that my wife and I have earmarked as a must have feature of the future carriage house we are building on our current lot, (long in the future dreams). 

They truly are the most knowledgable tandem currently in the MHP investing field. 

Plus you have to keep in mind that we are in a climate where interest rates are very likely to start trending downwards, maybe that's worth waiting a bit longer than you otherwise might to pay yourselves in dividends in the future.Surprising that only 20% of homes have a bathtub as I think of them as a necessity personally.

Aside from looking at other local PadSplits in the area, what are some other forms of identifying current market rents for rooms in an area that is not prevalent in PadSplits currently. 

My experience is that generally, if you are not doing work on a portion of the house that you don't need to bring that portion up to current building codes.