However, after he saw the quantity of ADU applications come across his desk to plan check he went out and started his own consulting company.

With 20 years of experience managing 30+ long-term rentals, a few STRs, and running a property management company in Central Florida, I’ve learned both have their place in a portfolio if you diversify based on your risk tolerance and the timing for your goals.

The moment the first payout hits your bank account, all that goes away.

This let's you hold all adults accountable in case of lease defaults. 

Of course, what they paid isn’t going to take into account the money they have spent on renovations or remodeling, which can be substantial.  

This frustrating because she claims that she reserves the right to ignore me because she is working.We use zelle for payment and it happens to be her sister's account.

The learning curve is probably great on importing large quantities or even just large things from a foreign company.

Next question.... will you self-manage it, or turn it over to a professional management company, or some type of hybrid? 

This is a good way to see old photos, bedroom accounts, utilities, etc.. they may also be able to help u check if it's in a flood zone.

And how do you determine your company's returns on these types of projects?