A little background: Feel free to scroll down for the main reason of this post...I started out in 2011 trying everything to make my start in real estate but was not successful until 2015 when we purchased our first duplex in Fresno CA.

The reason behind the percentages was mainly in order to create a model that I could feed into ChatGPT, which helped me create these projections. 

My passion lies in expanding my portfolio of long-term rentals and diving into property flipping as I grow in this journey.My main goals are to connect with like-minded investors and professionals, share experiences, and soak up as much knowledge as I can from this incredible community.If you’re based in Georgia or working on similar projects, I’d love to connect and hear about your journey!

The original goal, rightly or wrongly, was to maximize rentable units, so we rebuilt the main house from the foundation up into a 3 bed 2 Bath 1,600 sq foot main house, and added a 600 sq ft 1 Bed 1 Bath JADU, along with a 1,200 sq ft 3 Bed 3 Bath ADU.

Although I do know someone who has guest bedrooms and uses them mainly for in laws visiting from out of town.

I've purchased mainly SFH's for the past 30 years.

Even though your capital gain is small ($15K), the main tax concern is depreciation recapture, not just capital gains.

I look forward to learning from the veterans here....My interest is mainly in STR and LTR investments with the goal of eventually replacing the income from a tech job i left recently...

I'm worried about the permitting process on the front end taking too long in order to get these renovations done (mainly the fix for the foundation).

Main points I see are: - You need professional photos with editing.