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How much hassle is it? Assuming you don't accept Section 8.
>Be me, early retiree in a Pennsylvania town
>Have the opportunity to build a 400-ft^2 one-bedroom ADU in my backyard for 100 k$ (due to an imminent change in the town's zoning code)
>Zillow and Apartments.com indicate price-to-rent ratio of 9 years, implying reasonable rent of 900 $/mo
Smart or retarded?
>>
>>62484990
>Assuming you don't accept Section 8.
isn't there a law now that you have to accept section 8?
>>
>>62485011
That's state-dependent. Some states (such as New Jersey) require landlords to accept Section 8, but Pennsylvania does not.
https://www.nolo.com/landlord-tenant/turning-away-tenants-with-section-8-vouchers.html
>>
>>62484990
it's hassle.
people won't pay rent. people will break your shit, flood your property, etc.
im not saying don't do it, just be aware.
>>
>>62484990
it's quite of a hassle tbf
>>
>>62484990
It only takes 1 bad renter to put you hundreds of thousands in the hole. It's fucking stupid and a terrible investment.
>>
>>62484990
> I want to house the kind of riff-raff that can only afford $900/mo in my back yard
lol
>>
desu take the easy money in a low income index fund then subject the hell of hassling tenants about the monthly rent



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