My property is about 1 mile from the long trail. 

Quote from @Richa Wardhan: It's inside the city zoned RG-1, we would like it to be a vacation home and STR Hey, RichaIs the home already a vacation home and STR or is it a primary residence looking to convert over after potential ADU built?

Is your comparable unit that you get $100 bills for a 4 unit as well?

@Haneef PorterRecommend you first figure out the property Class you want to invest in.Why is Property Class so important for investors to understand and apply in their investing strategies?

We have a reasonably high income from our W-2’s and rents with annual income in the $250k+/year depending on bonuses & OT worked and is usually closer to $300k.

Hong Kong is an interesting place!

Monthly cash flow is positive. 

This would be in central Jersey which is still a hot market as a result of record low inventory.I am planning to do this strategy since I want to put low money down (10%) on a construction loan and achieve a quick build to lower my holding fees. 

We've been using Waivo, which is a very similar product to FF's Worry Free Waiver.

This is a great place to learn and to connect with people so take advantage of all the great resources.