I am at the phase now where I need help/coaching analyzing deals to ensure the numbers make sense with decent ROI, CoCROI.

Sometimes condos have stipulations in their deed restrictions that go against doing short term leasing, so I would definitely get your agent or do the research yourself to ensure this isn’t the case at the building you’re looking at.

It's best to involve a real estate attorney to ensure the contract is legally sound.

With increased regulation, real estate firms must be vigilant, ensuring they handle data in compliance with ever-evolving privacy laws.Real Estate’s Unique Exposure to Data Privacy RegulationsReal estate, as a sector, relies heavily on personal data.

How can I structure the contract or investor payout terms to ensure they feel secure and confident in receiving a solid ROI?

Make sure to check you local zoning to ensure you can even build an ADU though. 

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California could cost you a minimum tax of $800 every year.

I would ensure receiving mail is not going to be a cluster as well as shared yard/spaces are addressed.

My thought was that it would be best if she does the primary STR work and log her hours and ensure that she spends more time on the STR than I do (at least officially logged hours... since I will most likely always be thinking about the STR... haha). 

Let’s share experiences and insights to ensure we’re all getting the best possible deals on our projects.