If you have not done so already I'd highly recommend having a study done on the space in relation to surrounding population with the dentist in mind as a way of showing a solid customer base. 

It would still be based on the revenue it produces.

I have taken numerous courses in RE and am passionate about learning more I am based out of West TX- Midland/Odessa area

Anyone have a cheat sheet or checklist for covering your ADU bases?

Hello BiggerPockets Community,My name is [Your Name], and I’m based in Orlando, FL.

Hey everyone,I’m Luke, a new investor based in St.

3) Any specific states you recommend to set up any of these (Not sure where I'll be purchasing property yet, maybe Detroit, maybe Cleavland, maybe Augusta, maybe Des Moines, maybe Saint Cloud, maybe Memphis...)4) I already have a LLC based in Hong Kong (We call them limited companies, but the principle is the same).

Regarding the location of the Qualified Intermediary (QI), it doesn't matter whether they are based in New Jersey, Florida, or elsewhere.

South and South East is less expensive, but you're not going to get the appreciation and my impression is it's not as good a tenant base.

One challenge was getting the hotel occupancy up after renovation since no one had booked or stayed in years so there was no existing guest base.