The property is a historic property but since I purchased the property inside an IRA, it doesn’t qualify for tax credits to rehab it.

That’s what really makes you happy.A good workplace doesn't happen fast.So, what does a good workplace have?

@Kyle Carter just because a building has all section 8 tenants doesn’t necessarily mean that the cap rate will be higher on exit but it might attract a buyer(s) that are focused cashflow and not appreciation; therefore a lower price to juice the yield.One of my non negotiables if I were you would be to only buy in an area that is desirable.  

From my experience, when I dive into the costs associated with building an ADU—including construction expenses and financing options like hard money loans—it often doesn’t make financial sense.

However, just because I don't agree with it doesn't mean I am in favor of the Government being given additional power to enforce additional laws and restrictions that infringe upon our freedom.

We have 3 boys who are actively in sports and the location of the house just doesn't work out for us. 

Plus, if you’re also thinking about a lifestyle element, who doesn’t love living near the beach?

The thread was intended to seek guidance on completing the deal, and even If I disagree with opinions I understand it doesn't make either side more or less valid.

It's not fraud or anything because you are, in fact and in reality, converting it into something that is not a bathroom and doesn't require any permits.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!