But his is not the conversation though since the OP is talking about existing retirement funds that are currently invested in wall street. 

Present the existing tenant a PDF with all of the rental comps and Rentometer printout showing what the market rent is.2.

The deal sounds fine overall as long as they are in good shape and you can move and rent them on your existing land, but do you want more mobile homes?

If you hired out all the work, you are more likely to get ~$0.50 for each dollar you spent on the ADU assuming 1) in single family zoned area 2) not converted from existing habitat space. 

Norfolk is pretty loose on regulations, but fewer areas are desirable, and Virginia Beach has very specific locations that can be STR (Sandbridge and The Resort District).

I actually have two options for this property: 1) Rent out the existing 25 storage units AND rent out the building plus add the 25 additional units out of pocket.OR 2) Rent out the existing 25 storage units and added the 25 additional units out of pocket to rent them out BUT keep the metal building for my GC business to where we have offices and storage for building materials.

when you put your property on the Padsplit platform, did you purchase an existing pad split home or did you have the conversions done to make more rooms?

Recognizing its strategic location behind two of my existing investment properties, I approached the owner directly.

This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.

DSCR purchase loans for existing Padsplit properties that have rental history, AND fix and flip loans that I will need to refinance into DSCR for properties I will turn into Padsplits.