This is a summary of learnings from a recent project I personally completed.  

People laugh sometimes but I've bought two houses on credit cards using one of my account checks at times when I had a lot of projects going at once and was short on cash but didn't want to let a great deal go by.

Working with contractors can be extremely difficult as projects get delayed and there is poor communication(red flags were not present before project began).

@Melissa Odom Hello Melissa, can you dm me your projects?

Will you come to the US to visit and manage the project?

Just like our BANKERS validate and question our deal analysis, you need to be the BANKER.Majority of the Syndication failures going on right now are due to either Short-term financing used on longer term projects- in a period of extreme interest rate hikes, material Inflation, or Covid related supply chain or personnel issues.You as the BANKER, know that all of the above should have been covered by the Syndicator and by you the BANKER. 

Local real estate meetups, REI clubs, and even Facebook groups can connect you with experienced investors and potential mentors.When it comes to finding mentors, focus on providing value; whether it’s offering to help with projects, sharing market insights, or just being a reliable connection.

Anyone can put together a pro forma and tell me what the projected returns are, but that doesn't mean squat.

I also have a great architect who can help with your ADU project.

Although it also depends on your projected usage and average length of stay.