Deposits from the tenant.Security deposits from the tenant in residential dwelling units shall be deposited in a trust account with a licensed and federally insured depository institution lawfully doing business in this State or the landlord may, at his option, furnish a bond from an insurance company licensed to do business in North Carolina.

The key is balancing protecting your business with connecting as a human being.

Recent zoning changes now allow for three dwellings on a single parcel, and parking requirements have been lifted in denser areas, both of which have boosted the local housing supply.

If it was me...I'd check with zoning to find out how many dwelling units I could build, and I'd find what the requirements are for those units (type of house, height and setback restrictions, etc.).Then I'd find out what local builders think the cost to construct would be - just get a cost estimate per square foot for 2 or 3 different levels of finish.

.• Our strategy: Buy a fixer-upper SFH in a “B” neighborhood, ideally with ADU (accessory dwelling unit) potential.

Handling Unforseen DelaysA clause should address unexpected events beyond human control, including weather-related delays, natural disasters, supply chain disruptions, or unforeseen structural issues.

No time to stress or dwell. 

Better yet, tell your son to talk to them like a normal human, not detailed in bullet points, and just say “hey man this isn’t working.

Then there's the human part of the administration process.

Quote from @John Williams: I recently bought a home that has an attached dwelling unit where Im planning to move in and rent out the main unit.