I know it has at least a 10k foundation issue...but it's a good piece of land in a desirable neighborhood with a silly growth curve (major teaching hospital being built nearby).

The one big negative is that the barrier to entry is getting high compared to less desirable areas of the country which I believe is the main reason some Coloradoans are investing in less expensive markets as mentioned.

If you want to create a life you desire then do what is necessary to make it happen even if that is going against the grain. 

Pro's A:) It would generate higher rental income being a 2 bedroom2) Convert the ADU into a 1 bedroom / 1 bathPro's A) Cost less for construction Pro's B) By doing so, I can keep the garage door and devote a portion of the garage as a storage area to the front/main unit which will make the front unit more desirable and command a higher rental income from the front unit since a lot of tenants seek having storage/garage space from my personal experiencePro's C) By making the ADU a 1 bedroom instead of 2, the back unit will likely be rented out by a single individual as opposed to a family.

It’s my estimate or desired return.

Buying the 2-4 unit owner-occupied is a good idea only if you can get one in the desired neighbourhood which you want to live in.  

Quick answer to your question- which has been asked often on this forum is You max out at 10 conventional loans but you can get as many commercial/Portfolio loans as your little heart desires Sounds like you are doing great work keep it up... love when people show appreciation to those who assisted 

For example, the Renton Highlands are desirable because people love the Issaquah school district; however, there is also a gun range a few blocks from Liberty High school so it can sound like a war zone on weekends. 

i take the earnings from a collection of mortgages we call a mortgage pool and what i would do is take the earnings from 200,000 mortgages that make up the mortgage pool and i would model who gets paid what and when a...

My fear is, that if i sacrifice the location, it will either depreciate naturally or since it is not in a desirable area, after the market evens out, the properties value will never even get back close to what i purchased it for.I know i should be searching for a deal to make this purchase the best possible case scenario but i am unsure how to tell when it is a deal if its already rehabbed.