The home was a big interior and exterior clean up with minor construction.

Conventional financing is geared and regulated for the owner occupied homeowner and is designed to protect that borrower from poor lending practices.  

For under $300k, both shipping containers and modular homes can be great options—modular might offer a bit more flexibility with design. 

I’d recommend reaching out to a local architect or design-build firm who has experience with both home additions and ADU construction to help bring your vision to life.

Our understanding is that if we designate the $60K as "OPTION CONSIDERATION" - these funds and the USE of these funds are NOT Taxable to the property seller UNTIL one of two things happen; # 1 the OPTION gets exercised, or # 2 the OPTION gets cancelled.

They are designed to make it nearly impossible to figure out who owns the trust.  

Alibaba may look cheaper but ONLY if it's new build not retrofit.Cabinet pulls at Target designed by Frank Gehry, no wait those are out of stock and we needed 32 not 4. 

It’s designed specifically for real estate, with features like rent tracking, expense management, and tenant payments, making it more tailored for property owners.However, if you’re used to QuickBooks or need more robust general business accounting (e.g., payroll, invoicing for non-rental income), you might want to keep both.Ultimately, it depends on your specific needs:For property-specific accounting, Buildium is likely enough.For broader business finances, consider running both or consulting a CPA to see if Buildium covers all your requirements.

Now working on my short term properties as I like to do hands on maintenance or designing and financial strategies as much as possible.

Here’s how to get itFor an unbiased legal opinion, consultant with an attorney whose fee isn’t contingent on outcome, or loading billable hoursFor an unbiased financial opinion, consultant with a FEE ONLY financial or FEE ONLY investment advisorFor an unbiased real estate opinion, consultant with a fee based consultant, preferably one who has obtained the CRE (counselors of real estate ) designation.