However, always stay updated on local regulations related to STRs.In conclusion, Albuquerque presents a fascinating blend of opportunities for both new and seasoned real estate investors.

Proper underwriting - this includes an appraisal, loan app and full underwriting to comply with CFPB regulations.2.

I still have one house with some existing K&T.

Or in low volume areas, a public/private partnership with existing child care centers. 

If you don’t, maybe work with or for an existing company first for awhile?

Well, what would be happening is that your buyer would be buying your house subject to the existing note, since you can't legally sell the property without paying off that note or transferring the debt to the new buyer.

What is quality of all the tenants on existing and potential?

More deals are killed by procedure and regulations than anything else it seems. 

It is usually difficult to take money against it from the bank, it might not be a 1:1 value add - meaning if you invest 100k into an adu it might not raise your value by 100kThat being said, it can be pretty lucrative especially in expensive and sunny CA - since building lots are no where to be found and existing real estate returns are very poor.My partner builds these units.

You could also buy from an existing landlord that has a section 8 tenant.