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?

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.

It's a retirement account that enables to you invest in whatever you'd like to invest in and the profits are all tax free. 

Volatile interest rates today due to the consumer inflation index report.

It's up to everyone to do their due diligence/etc to figure what is/is not a good source so to speak.

That is, initially I was surprised to learn that at least in Colorado, cleaning services are taxed (on AirBnB and VRBO).

Personally, I know a LOT of people are expecting cuts to start happening in June but with the spring market being hot here in Winnipeg and with the recent carbon tax increase I could see inflation staying high forcing the BOC to keep the prime rate where it is.

I've performed all due diligence related to property. 

Given our tax bracket, including tax savings when analyzing various real estate deals is critical in determining our ROI.

You don't necessarily need a CPA licensed in those states to provide you with tax planning, tax advice or to help prepare your return.licensure for CPA's by states are normally important when you want to provide assurance / auditing related assurance