SierraI would set up another bank account in which you pay invoices for pool, lawn, taxes for hotel/motel occupancy, licenses, your management fee and owner proceeds.

I agree that it will thin out the Realtor pool....maybe quite a bit.

That pool is not restocked in a few short years.

The SFR + ADU is worth less than a Duplex because the ADU is viewed as an amenity rather than an additional unit so your appraisal will look for other SFRs with ADUs and provide line item adjustments for homes with and without ADUs much like having or not having a pool or a garage.

@Sunny Karen, I'm not sure what your investing history is, but my only caution would be to DO YOUR OWN HOMEWORK.

Here are some of the responsibilities.Financial Management:Overseeing the HOA's budget and financesCollecting dues and managing delinquenciesMaintaining financial records and generating reportsCommunication and Administration:Acting as a liaison between the HOA board and residentsDisseminating information through newsletters and noticesResponding to homeowner inquiries and concernsScheduling and facilitating HOA board meetingsMaintaining the Community:Overseeing maintenance and repairs of common areasEnforcing the HOA's Covenants, Conditions, and Restrictions (CC&Rs)Managing vendors and ensuring adherence to contractsSupervising common areas like pools, gyms, and landscapingOther Responsibilities:Planning and organizing community eventsHelping to resolve disputes among residentsStaying compliant with local and state lawsThe PM doesn't go on-site is very weird, it's called Property Manager for a reason, to oversee the property. 

Since I'll be living in one of the units, my personal preference is to find something on the newer side, which would likely mean higher rent/unit but I'm worried the higher price point would limit the tenant pool. 

We bought what was going to be our primary residence (has a pool, etc.) for a great deal in 11/2021, then was asked to help with our mom's property after her tenants moved out.

The resort is in a 7.7 acre land, has a hotel with 30+ rooms, restaurant, bar, wine cellar, vineyard, cabins, pool, event venue, etc. 

A fund (like a 506c) that @Chris Seveney and @Evan Polaski pointed out allows you to pool resources and spread risk across several projects.Def more attractive for investors.Pro tip: SEC exemption might be required so make sure you know your sh it and value prop here.