End up with all cash and little to no tax.Your wealth snowball ends up a lot larger 10 years down the road when you make and keep your money in a more tax efficient way.

Including all the deals I close on, renovations, listing it and the whole process.

Our project is a very large building that will be renovated into high-end dorms for students on this campus.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

It has been very helpful and is the major focus of our business right now.Our profile is pretty blank because we stay quite busy...but we have been running a large Real Estate Mastermind group in the Kansas City area for almost 5 years every week on wednesdays...we are landlords, flippers, wholesalers, as well as in the note business.

The top chart below quickly shows you what the renovated, avg and distressed homes sell for in that area on a $/sf basis over time, so if you are estimating way over the top line, you instantly know something is off, maybe you have an outlier comp on your hands, etc.It doesn't have STR data, because any STR we build must also pencil as a LTR to avoid being upside down if it doesn't workout, so we use normal residential lease data when underwriting our rentals.As for forecasts on the market, I don't do any aside from the current Q trending % at the footer of the charts, and it's really just the current Q's average data/performance held constant and applied to the rest of the quarter (since not fully done with Q yet).

@Kristin Boekhoff I generally buy larger multifamily properties, so I don't have any personal recommendations, but I did check with my insurance broker. 

House hacking involves partnering with a partner or co-investor to manage property, while real estate syndications involve pooling $35,000 with other investors to buy larger properties.

If you know what you want to do with the cash and have an immediate need for a larger amount, I'd recommend a cash out refi over a line of credit.

I have always been interested in multifamily investments and the price point of the property, the income potential and the renovation cost all made sense.