I recommend honing in on one specific strategy to get started and then go from there.

Additionally, we have authored over two hundred blog posts on our website, covering a wide range of topics, many of which focus specifically on investing in Redding, CA.

The splitting and selling of an ADU is strictly prohibited and the wording of ADU laws are setup specifically to make sure this does not happen.

The specific assistance organization, the screening of the tenant, the property, and the PM company that should be communicating with the tenant all play a role in the success of your investment in regards to tenants.

There are loan programs specifically for Virginians.https://www.virginiahousing.com/enGood luck and Happy 2025

Did the contract you signed have any specific timelines on it at all regarding how fast we can get to you?

@Jonathan Blanco If you’re worried about $3000 in fees you’re in the wrong business.

Withoutknowing the details I can not suggest which would be right to add on.Several you should pay attention to are:- Ordinance & Law: Provides additional building coverage to deal with rebuilding costIncreases due to changes in Zoning or Building laws- Personal Injury Liability: Libel, defamation of character, wrongful imprisonment, etc.

Consult with a qualified tax advisor who understands these limitations and can help develop a comprehensive strategy aligned with your specific situation.Remember: The best tax planning looks beyond immediate deductions to your complete financial picture.

Are these areas good for rental property investments, or am I barking up the wrong tree?