Hi Vida,Based on your goals and budget, here are some suggestions for building a small home with a business space in the Atlanta, South Carolina, or North Carolina areas:Building options:Modular homes: These can be a cost-effective option, allowing for faster construction and potentially lower costs compared to traditional building.

Material Participation in a Real Estate Trade or Business.This is pretty straightforward but you must materially participate in a real property trade or business, such as development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage.2.

I am thinking about putting together a tour of 2-3 ADUS in Pasadena CA that are under construction or recently built to get a better sense of the ADU building process.

I’d recommend reaching out to a local architect or design-build firm who has experience with both home additions and ADU construction to help bring your vision to life.

Fortunately, with my job, I do have people there to discuss it with and learn from, but I am still excited to expand that knowledge base further than my immediate circle.On my personal real estate journey, I am currently under construction on a new-build triplex that I'll be house hacking.

Hey @Henry Clark quick question, if I went the route of purchasing the land outright and then having the bank help finance the construction, wouldn't they prob require me to have a professional feasibility study? 

This is a multi-family investment for a project where construction is almost complete. 

A lot of our borrowers, specifically new construction builders, in and around Austin - are having to hold properties for much longer than expected.

@Mostafa Koperly..I would agree at face value with @Robin Simon and your alluding to contact banks/CU's, but I can tell you credit markets for construction are tight. 

Most who operate property management companies profit off of ancillary businesses that are interconnected such as brokerage services, construction etc. rather than the actual property management.