Eventually I plan to use the ADU for STR (with the option to use it for LTR). 

Additionally, timing of market cycles or when his note becomes due could eventually bite him in the butt.

You can eventually get into a situation where you buy a primary that you rent out while you're away and basically have it pay for itself.

Hi everyone,I am new to the USA and looking to invest in property with a long term goal to eventually replace part of my W2 income and also pave the way for my children to get a easier start in life.At the moment I am renting with an intention to buy a single family home this year.In a addition I have other cash - not much - that is sitting in a interest bearing account growing very slowly.

An index fund is a better option...eventually, I'm a fan of paying them off and treating them like fixed income, but not now assuming that your financial house is in order and you like owning and managing real estate.

I try to buy a primary residence every few years to take advantage of the favorable financing to eventually turn them into rentals.

With the rapid variance of interest rates in the past three years, you're going to have a difficult time buying a property in a semi-traditional manner which can compete with those who are sitting at 3% rates and still cash flow.Do I believe the market is going to correct, yes eventually but it will be several years and It will be a slow change.

Eventually as you get more experience and capital cushion the fear gets less.

If your focus is to accommodate your mom and you can hold onto the property for a bit, I think you could definitely build equity and eventually generate cash flow from it.

After all, he did eventually come through and complete the work and the city did sign off on it.