. - Won't work unless you REALLY know a market and have the proper connections!

And if they are a hobbyist/part-time builder, then they should engage the proper professionals, i.e. a title officer, civil engineer, architect, contractor et al to assist in reviewing the project's feasibility.

It’s always a good idea to consult a tax professional or real estate bookkeeper to ensure you maximize your deductions while staying compliant.

@Shaheen AhmedInvesting in real estate with all cash ensures you receive cash flow.

I will also add that many independent travelers that do room rentals enjoy having their own fridge.To keep things kosher in shared spaces, my friend who runs PadSplit says every room comes with one colors or plates cups etc to ensure that guests are accountable for their own dishes.

@Gerald Koonce Private lending from family members is allowed with proper documentation and compliance.

Assumption by an EntityUnfortunately, assuming a VA loan directly through a legal entity (such as an LLC, corporation, or trust) is typically not allowed because:Primary Residence Requirement: VA loans are designed for owner-occupied properties, meaning the assuming borrower must intend to live in the property as their primary residence.Credit Review: The VA and lender require the assuming party to undergo a personal credit and income review to ensure repayment ability, which entities cannot satisfy.3.

Even though they are the expert, you still need to ensure they fit you well.

Does it make sense to cheap out over the few thousand dollars it will cost to go through a proper escrow and title process?

I am interested in hearing about your experience traversing the 'green standards' new construction and permitting process in KCMO proper.