Just make sure you have all the required permits, including alcohol.

Having the ability to offset their mortgage with an ADU would be a game changer. 

When its included in a lease for real estate then the laws pertaining to residential rental security deposits in your state apply but when its separate you should have more leeway to get some additional deposit to protect you.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

These typically include services like renters insurance, HVAC filter delivery, pest control, and sometimes utility management.

I will give you my numbers since we are 3 years into Velocity Banking.Home was purchased at $410k.Interest rate: 3.125%30 year termMortgage payment is around $1950 (includes insurance and property tax)HELOC: 8.25% Variable rate - current rateCredit Limit: $97kLet's say I made $10k a month and our expenses were $6k each month including the mortgage.

How much land is included?

Make sure you fully understand the market you’re investing in, including rental demand, property values, and local landlord-tenant laws.Building a good team early on is also key.

Once you become licensed you subject yourself to all the laws required of licensees, including the requirement of broker supervision.

Very nice suburb area outside of Dallas and I'm very much ready to get in the real estate game!