This could lead to a huge tax bill and penalties.Think carefully before you do this.Good luck. 

And if the people you're working with aren't giving you the peace of mind that everything is being done correctly, send me a message and I'll get you taken care of.

Be careful of some of the lending requirements that may ask what your intention of the purchase is. 

Their home in Waldo was also a great deal a Duplex they found for $210K and now getting $1250 a door since it needed renovations.Some advice is be careful with what you by so that you are not paying top dollar or market price for a home that someone just renovated.

Yes you will need to make sure you have the cash to take care of any repairs that are needed out of pocket.

I don't care if they are qualified or not.  

You are a mark for the gurus when you talk like that so be careful.

I would also tell you to be extremely careful when doing contracts with builders. 

In my experience, a garage ADU can still be profitable with long-term rentals, but you'll need to crunch the numbers carefully. 

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