@Tim Holt Come February, it's legal to create an ADU by-right on any single family property in the entire state.

We only charge third-party fees like the appraisal and the borrower pays the vendor directly.

Best part is 1-2 years a refinance will make our numbers look even better and we are seeing our home increase in value because of both the forced appreciation via rehab and being in a growing market.If not married, I would have chose area first based on rentability.

After the meetings the group would sometimes after-party at a bar nearby and I would go to those too.

Use STR-specific insurance to protect both parties and automate operations with platforms like Airbnb, TurnoverBnB, and PriceLabs.Taxable income from the STR must be reported, but you can deduct related expenses like cleaning, utilities, and furnishings.

The tricky part, is everyone analyzes and values one metric over the others.

When you add up legal fees, lease fees, loss of rent, etc. it can add up.

You could easily niche into that via even just the legal realm and would probably never have to step outside of it.

Late to the party here, but I'd be happy to connect with you and your friend!

I've seen landlords live in blissful ignorance for 5-10 years due to dumb luck, then their world comes crashing down and they lose everything.I have a book, there are some in the BP bookstore, or you can check out one of my personal favorites, Every Landlord's Legal Guide by NOLO.