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

My main advice for avoiding liability is: (1) work with a great insurance broker to get comprehensive coverage; (2) avoid signing full recourse personal guarantees whenever possible; (3) max out your 401(k) or defined benefit plan with ERISA protection; and (4) strive to reach a point where you’re not personally involved in the business’s day-to-day operations.Disclaimer: While I’m a licensed attorney, I’m not your attorney.

It will say way faster, easier for showings and easier for everyone involved. 

I have a strong network here and know the key players/stakeholders in the community and am trying to learn how I can get involved to make an impact to change the community and restore the existing (beautiful) infrastructure. 

It involves analyzing the real estate cycle and identifying the right moment to buy and sell properties.

While there are some deals 50 units or larger that transact without a broker involved, they're definitely few and far between.

If you want to scale, it likely won't involve you running your own renovations as a GC.

Had horrible luck making good money without too much time and labor involved. 

I also wouldn't be involved in day-to-day operations onsite.

Ensure that the savings from the new loan outweigh the costs of the prepayment penalty and any closing costs involved in the refinance.6.