Buy an existing house to live in and add an ADU in the back.

I own two rentals in Indiana.

However, this is not really effective in the real world.

I formed Park Place Communities in 2014, and we started purchasing communities in early 2015.

It's the cash you put in that's your cost for the property. 

Sale price: $222,017 JWB Real Estate Capital helps busy professionals from across the world invest in real estate in Jacksonville, FL.

The most information in this thread is not accurate.

If possible, in the future I would try to obtain a copy of a standard Condo questionnaire from the HOA prior to the mortgage application process and ask your lender to review it in advance in order to mitigate some of the time and costs risks associated.

I give you kudos for thinking about this early on in your investing career.

It’s sponsored by our S-Corp, in an unrelated industry.