I could see this fit into several categories of 'real property trades or businesses.'

Would you suggest subdividing the property, building a single house, or building multiple cottages/ tiny homes?

I'm working with Michael White, Real Estate Sales with Midtown Property Management in Harrisburg, PA.

As far as a DST goes for replacement property, it can be a great potential solution for those who are no longer interested in the traditional responsibilites of ownership any longer or who may be having a difficult time finding adequate replacement property or properties. 

If the property is considered non-warrantable, you should still be able to do a standalone 2nd mortgage at 75-80% CLTV on an owner occupied nonqm 2nd mortgage. 

The property company they use was also very thorough in the way they handled the property.

Search for properties listed 90+ days.

Where is the property located.assuming the seller added the ADU and did not disclose the ADU in disclosure forms, you may have recourse (depending on the rules of your jurisdiction) but it may cost you some legal fees. 

I have one property that is a 4plex in Carson City, NV.

Hey Stepan,In today’s market, finding solid flip deals requires being more strategic with property selection.