But added expense are architectural design, Soil Engineering, but some communities have pre-approved ADU designs at no addittional cost to $500.00.

Still keeping powder dry in case I find an STR deal, but spending less time looking, aside from the standard daily alerts I have set.

And as for where I am putting my wealth, I am buying companies, assets, and keeping some dry powder to buy out fools who got in over there heads and have poor to no liquidity for when people, like yourself, are running around with there hair on fire freaking out in emotional swings and fits. 

Now it is not so cut and dried.

If you unit floods,  or dog pee is in there,  you pull it up,  wash it,  clean and dry the subfloor (or replace if ruined),  put the vinyl right back down.  

Hey All, I have a one bedroom 16-plex that has been having trouble getting tenants and keeping occupancy for the past year, one of the feedbacks we mostly get is that even though the apartments are nice they want a washing and drying machine. 

I pivoted to medium term rentals last year when Air BNB bookings dried up.

Inventory has been bone dry since the pandemic just about all over the county.

Land surveys and other studies - Geotech report, soil report, fault lines, environmental report etc.Most of the lots would not survive these due diligence items.

So you could keep half of your downpayment dry for the second one.Not being able to buy a second one is called opportunity cost.