The son lived with him, was a co-tenant on the lease, and was the main person making the rent payments.

I reached out to the main office and heard back from a local outreach member from Rhode Island.

Biggerpockets didn't let me put Corpus, but its located in Corpus Christi Texas 1542 Sq feet in main house. 682 Sq foot guest space.

Texas is exploring several public-private partnerships to tackle housing affordability, especially as demand outpaces supply.

I might use the HELOC as an emergency fund knowing if I tap into it I now have to aggressively pay it down.Then main thing is you don't want to overleverage any property and if you use a second mortgage to buy a property, you are essentially 100% leveraged on that property.

These areas still have a great rental demand and not overbuilt.Areas like Northern Liberties, fishtown, point breeze have a lot of options, but also a lot of struggling landlords as there is a great number of new construction high rises creating a lot of supply in the nearby market.

Could I sell off the ADU or main house separately?

A lot of people in CA have tried to fight it, but the Franchise Tax Board is pretty aggressive, and they almost always win.One thing I’ve done myself (and it’s worked well so far) is to keep my main LLC in California, which owns LLCs in other states where my properties are located.

Southern border of the land is Wilson Creek (a large, well established, full time creek with old growth trees)Approx 1 acre of non-recoverable flood zone along length of creekTwo small ponds on the property, which can be filled in to utilizeSmall neighborhood to East of property line with utilities ready and available for project Currently a couple of older homes and barn structures on property (100% liveable and well maintained)Wilmeth Rd is currently expanding down the block to a 4 lane road which connects to Highway 75 in McKinneyLarge developments are underway within a 1/2 mile to 3 miles out radius<4 miles to Costco, ChickFilA, WholeFoods, Cinemark, major hospitalAT&T Fiber and Atmos Gas at front of propertyA water well can be run, if desired, or tap into the city's water (currently on city water and has large main at front of property)A CE firm has drawn up plans for a small, 12 home, 3/4 acres development.

You just need to supply them with a scope of work that outlines what you will be doing to the property.