And they essentially buy the property and then in 5 years, you refi and give them the down payment back.

Building a strong team (agent, contractor, lender, property manager) is key—seek referrals from experienced investors.

This provision, through the Affordable Homes Act, make ADUs legal BY RIGHT in any single family zoned property in the state.

Quote from @Krista Lance: @Kevin Sobilo @Thomas Talbert Sorry - I should have specified more, I have a property manager for these properties, and they track all of the accounting, etc.

Our process is to initially get to know them face-to-face, by meeting a few times over lunch or dinner and even walking a few of their properties.

Getting into almost any property in Charlottesville for under $200,000 is quite the feat.

“As a property continues to sit and become dilapidated, it’s like a cancer,” she said.

I just bought my sixth property and State Farm is telling me they have a limit of covering a maximum of six units for an individual.

Not sure if your property is in that area as you are a bit West.

Could you send me your email (feel free to format it like “name [at] domain [dot] com” to avoid filters), and I’ll send you the link directly.Also, I’d love to hear more about your background:How long you’ve been in property managementIf you’re currently involved in multifamily investments or looking to expand into that spaceWhether you’re exploring tools for your own portfolio or considering something broaderLooking forward to hearing more and seeing if there’s a fit!