Regarding next steps, I agree that the best way to approach this would be to have one person act as boots on the ground and the other person handle the back office related items.

Let your tenants know that repeated violations may be grounds for termination of the lease.2.

I recently completed one on a multifamily property and found it to be a cost-effective approach.That said, there are a couple of additional factors to consider beyond the code differences between a garage conversion and new construction:Coastal Overlay Zones – If your property is in a coastal overlay, building a ground-up ADU may require Coastal Commission review, which can add time and complexity to the process.

I wouldn’t purchase anything out of state without first getting a thorough inspection, establishing a trusted team on the ground, and having a solid exit strategy in case things don’t go as planned.

I am deeply grateful for the challenges I've faced, as they have shaped me and brought valuable perspective to my journey.4o

Some things that went wrong were rather unpredictable, like an improperly buried wire for a sewer pump that the ground and hot wires began touching throwing the breaker.

That's close to break even for a short-term rental.To me, the worst thing you can be in Colorado is a middle-ground vacation rental.

I am about to do one of my first ground up construction projects with the intent to rent in the area of Athens a little further west. 

Doable if you lean on local boots-on-the-ground (realtors, PMs) and avoid another Cahokia overprice trap.

I have a a great working relationship with the owners in which I maintain the grounds and am credited monthly for my services.