It's critical to to get references and work with BB&B-accredited and fully insured companies when this amount of money is involved.

When you're on a temporary visa, especially without a clear path to permanent residency, the risk involved can be substantial—both financially and legally.

If your quote is that high it better involve a bigger SOW or other exterior repairs as well.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

Second, be sure to keep an eye out for owners with multiple homes in an area.

I’ll still keep my eye on it.  

Matthew, if you’re considering investing in syndications, just be sure you really understand the risk involved. 

To answer your question, You would need to get an attorney involved and just issue a mortgage and note along with having a will that your daughter would inherit this.

However as with any investment there is risk involved the investor is responsible to conduct their own due diligence.There is an existing property and a lot next door that is a blank slate.

At the same time, I would speak/interview 3-5 agents and explain what you're looking for in your properties to see if they can keep an eye out for your ideal project.