I'm thinking that an building/converting an ADU on the right property might be a better deal that shelling out $800K on a multi-fam. 

CalPERS was considered the gold standard of pension programs but it's a shell of its former self due to mismangement and unfunded liabilities.

I have a duplex with one meter and I use a Sense (https://sense.com/) device to monitor the total KWH that the upstairs unit is using I then take the electric bill and split the bill up based on the amount of power drawn by the upstairs unit vs the total usage.

You will also have the need to have annual member meetings and annual manager meetings for the Shell (slang for the LLC).

In a nut shell, we want to capitalize on a growing market by owning and managing rentals that we build and then sell the properties in the future to reinvest or retire.

I have also heard concerns about removal and tampering with these devices. - Water: I'm currently including water in rent for both of my buildings, because I've luckily not had to meter my water use.

He has had many mobile devices (tablets, cell phones..ect..) lost and stolen.

I agree with @Michael Baum.I recently had a guest who lit fireworks and put the hot shells in the outdoor trash can which started a fire and burnt up the garage door, stucco, and facia before it was put out. 

Also, if there are any good reads out there, I would love to know that too.Interest - HOA - Appraisal - Repairs and Maintenance - Home Inspection - Devices - Travel related - InsuranceThank you, Bigger Pocket Family!

In a nut shell, Pueblo West is what Denver was 25-30 years ago.