I just set up my vrbo account and still some finer details about planning the communication, cleaning service, maintenance persons, etc…

I think the ultimate situation for what I described above (not the plan, but a possible outcome) could look like this:Rent main house by the rooms while constructing ADU.

Quote from @David Epstein: I everyone, I know this is an older thread, but I'm also now getting into properties in the Albany area and am in need of a CPA with real estate tax knowledge for advance planning.

If you are not coming in cash and you plan to hold for five or more years, its the best time to pick up a property at a steep discount and make it work until the cycle turns again.  

I believes that well-planned real estate investments can open the door to financial freedom and generational wealth.Welcome!

At that point, you’re building a business plan—something you can take to the bank.

How do you plan on handling that situation6.

The process will be slow, but with patience and smart planning, you can move forward step by step.🔹 Property Tax Relief – If your property is severely damaged, you may qualify for reassessment and potential tax refunds.

Excited to hear about your plans for 2025—let me know if you ever want to chat about the market or need any help finding deals!

I'm not planning to buy anymore until I problem solve my other properties which are losing money.