My last reply got deleted for self promotion.

I've seen the gurus promoting the online arbitrage thing but everyone I know has given up and made no money...well actually they lost money.Buying a business with established Financials will allow sba or other lending partners to partner with a bank.

(perhaps they were grandfathered in during a particular period) It's my initial belief that the ROI would be greater for 10-12 studio units on the same land space vs. 4-mixed units upgraded via ADU/Jr.

Again please just play along and answer (not question) the question at the end.You have a house under contract that you want to wholesale....you promote to your buyers but no one is interested.... closing is approaching... still nobody want to buy it.... 2 days before closing STILL no buyer.......

You can also consider offering extra services like airport transfers or local activity recommendations.Engage in promotions: Offer special deals, discounts, or promotions to attract more bookings.

And, it's NAR as well as the local realtor associations who place the emphasis on self-promotion and lead generation - rather than actually acquiring the knowledge of dirt.  

It is my belief that you need to go back to old school techniques and that is going to include bandit signs ! 

My belief is if piti is $2400 and rent $3k, your cash flow is very small (maybe $100) when allocating for all expenses (vacancy, cap ex/maintenance, PM (even if self managing, allocate PM costs), misc (bookkeeping, share of umbrella, share of office expenses, rental tax, etc).Next fear is that in most markets a hands off ADU that cost $231k will be lucky if it adds $181k of value (negative $50k in value).  

My belief is not close to 5% PM at that rent point ($1250/unit if a quad) and you should probably use 10% for PM.

(This is not me promoting or trying to get business, just running numbers on buildings and providing information to investors who want to learn more about or market and start the process of narrowing down actual areas and buildings.)