You may be interested in some fresh data we came across.A 2025 study by the Federal Housing Finance Agency (FHFA) found that properties with ADUs appreciated 22% more than properties without them.

While I haven't personally done anything with this particular fund, I do have capital deployed with BAM.

Quote from @Carlos Lopes: Been very torn with is topic.

I find cat odors much more difficult than dog odors to deal with

Better to hold title with the LLC to begin with.  

This too shall pass.

Where does this come from?

However as a BRRR zealot, I can't wrap my brain around how to use leverage in this space.

My guess, without knowing exactly where you're located or what your local market is like, is you could refi this, use the funds to invest in two more properties, and keep around the same cashflow, but you'll then have three streams of cashflow that are growing and three properties that are appreciating.

I previously used free services like Cozy (before merging with Apartments.com) and Rentler ( before merging with another company and charging fees for ACH payments) but now I use them as an all-in-one PM solution for the most part.