This valuation will result in at least 6 digits of negative equity for a hands off ADU addition.  

If an ADU addition in fact costs $300k+ to build, you are likely starting with over $100k of negative equity.  

Also, I am in the phase of beta testing, so it would be at no additional cost to you :)I got a solution that we kind of built in-house and using it.

These would be added to 'Additional Photos' in the listing. 

We're hoping to compare notes with other local hosts.Issue #1: "Property Use Tax" CalculationOn our recent payout summaries, we've noticed a new line item for "Property Use Taxes" which is calculating out to 10% of the gross booking revenue.My research indicates the City of Atlanta Hotel-Motel tax is 8%, in addition to state and local sales taxes.

In theory, I could pull that and some additional equity out.  

Refinancing would reduce my monthly net cash flow to around $200–$280, meaning lower ROI and thinner margins.My gut says it’s worth it since the additional property could generate more cash flow than I would have without refinancing, but I’d like to hear from others who’ve been in this situation.

In addition, the larger you grow the more you tend to work your way into portfolio insurance. 

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

It’s a real problem that’s harmful to many new investors.