That's great to hear that you're graduating and you want to get into multifamily.I would start off in a commercial real estate firm, learn the systems, the sales/buying process, how to analyze deals etc...

I understand that if I rent this ADU out, then I can have a tax write off on the mortgage payment and insurance payment for the the ADU's sqft portion.

Cash invested: $40,000 Sale price: $205,000 Strategic Market Pivot: From Long-Term Rental to High-Yield Fix and FlipThis property was strategically transitioned from a single-family long-term rental (LTR) into a fix-and-flip project after analyzing market trends and identifying a pivot that would yield better long-term returns.

- Could have it for sale while its occupied, as its likely an investor buying it, and that would just be a condition of purchase.

As an investor, I’ve had multiple sellers try to get out of an agreement after we had a legally executed mutually agreed upon sales/purchase agreement.

First, almost all properties are either placed with a broker for sale or directly listed on the major property sale websites.

Some may skip trace for you and giving you calling and text message integration.One thought is in my experience probably 80% of the properties don't go to sale, the first date they are posted. 

I'm assuming that the 2024 portion of the stay counts towards 2024 and the 2025 portion counts towards 2025.

Lastly, know that any conventional loan likely has a 'due on sale' clause, where if you change the title of the property, they can call your note due.

You’ll often see sales with 100-200% swings within the same area, which makes having deep local knowledge and understanding the nuances absolutely critical.I do this for a living, and even with experience, comping in Detroit can still be challenging.