Happy to compare notes on neighborhoods, current buyer demand, and what solid flip margins actually look like in today’s Columbus conditions.

People inquire but don't follow through because they're comparing tons of options.

Start with conservative revenue assumptions using actual comparable STRs, not pro formas, then back into a max purchase price after accounting for all-in expenses like HOA, management, cleaning, reserves, utilities, and local regulations.

Just a thought for those comparing the two acitviies.

I've found one lender that allows it, but I'm looking for others so that I can compare.

That combination teaches you a lot about operations, cash flow, and guest or tenant experience.The BP community is a great place to keep sharpening your strategy and comparing notes with other investors.

Hi BP friends,I’m totally new to building and real estate investing, and would really appreciate your thoughts on building an ADU in Torrance, SoCal.My property:Lot: 7,800 sqftMain house: 1,700 sqft, 4B3BMain house Includes a 1B1B in-law suite with a separate entrance, connected to the main living areaThe area:Torrance median sale price: ~$1.02MMy home is in Northeast Torrance— a more affordable part of the city compared to West and South TorranceSchools are solid (ratings 9/7/9)My plan:convert current 2-car garage to one-car garage, and build 1B1B ADU (700 sqft)Designed with vaulted ceiling + great natural light (stronger interior feel than most local ADUs)Budget: $175K (ADU) + $80K (lot landscape)Build time: 8 monthsEstimated rent: $2,300/moCan do long term or mid-term rental (20 min to 3 medical centers), no short-termROI looks strong and easier to manage locally than out-of-state investingLocal ADU = lower management cost + easier eviction if issues come upMy questions:A few years ago I saw posts saying banks appraise ADUs below build cost, making it hard to pull the equity out or sell — is that still true today?

Gold and Silver are monetary metals and canaries in the proverbial financial markets mine...I think we first posted here about AG at $1200 and AU the $20's..anyhow..clearly elements do not change but the denomination does and if priced in money (not currency) prime real estate in many markets could be undervalued - particularly when investors consider the exceedingly exotic methods of leverage and abundant tax incentives available. 

Totally get the analysis paralysis — STRs can look amazing on paper, and then the “yeah but…” list starts stacking up fast.If Atlanta is where you want to get started, I wouldn’t write it off yet… but I would widen the lens a bit so you can compare ATL vs. alternatives with the same math and assumptions.

(Compared with 3.9% for the U.S.)2.