Now it takes more patience and more careful vetting.The biggest difference I see is that the quality of the operator matters more than anything.

Avoid massive rehabs unless numbers demand itLet the snowball grow slowlyPrioritize tenant quality and stability over speedThis slow-BRRRR/value-add strategy fits my personality and long-term goals.What I’d Love Experienced Input OnDoes this DSCR → acquire → ADU → refi → repeat sequence make sense long term?

I offer a renewal at where the rent needs to be based on the market and quality of the tenant. 

I'm pretty sure XLeads also have skip tracing, but I heard the quality is not as good?

So, putting it all together (assuming a consequential order of events here for ease) - this *could* allow a service member to purchase a quality real estate asset, live in it for the required amount of time (i.e. 24+ months), receive official military orders requiring a move, hold the property for no more than 15 years from the original date of sale, and then sell the property with a capital gains tax exemption of up to $500,000 (assuming MFJ)?

But not perilously - 3 years ago I ran a few experiments on super cheap specials, short night minimums, etc and didn't like the quality or nature of guests I was getting, and I didn't make enough extra money to warrant the approach. 

So wanting a walk-in tub makes total sense at their age.The big things you want to watch for are:Liability + installation quality — You absolutely need something in writing that says:They pay for the tubThey pay for installation by a licensed contractorThey pay for all repairs related to itThey’ll remove it and restore the bathroom at their cost if/when they move out unless you decide you want to keep itThat protects you from being stuck with a specialty tub that future tenants might not want.There isn’t a universal “standard form,” but your PM or an attorney can draft a simple addendum.

My firm does not handle this type of practice, but I often recommend starting with the state bar association and Martindale.com to find quality representation if you're starting from scratch.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

It aligned well with our strategy of turning undervalued homes into quality resale properties.How did you find this deal and how did you negotiate it?

It is the quality of each review and the variety of them.