If you have a building background, I would work with an architect and build some unique places that are stick built to hold the equity value better.

I knew this 4 years ago and decided to build my real estate portfolio to get enough know how to finally get involved.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

My realtor recommended SDIRA Wealth, a company known for its high-volume new builds every year.

I've got a mixed use building with a vacant 5200 sg ft. medical space on the first floor.

Start by leveraging your skills to identify undervalued properties, perform cost-efficient renovations, and build sweat equity.

My goal, over the next five years, is to utilize real estate in lieu of my current hourly consulting income, by building a portfolio of rentals.  

I would avoid new build properties from southern impression homes.

However, after receiving the survey results, I discovered that the house is located less than 1 foot over the sublot line (see attached image).Here are the options I’m considering:Rent the current house for market value (~$1,500–1,600/month) and convert the detached garage into an ADU to rent for ~$1,000/month.Relocate the house to split the lot, then sell the newly created lot (~$100,000) while renting out the existing house.Relocate the house to split the lot and build a new home on the second lot.Demolish the current house and garage, split the lot, and build two new homes.At this time, I am uncertain about the cost of relocating the house.Questions for the community:Has anyone faced a similar situation?

Just in case.Ultimately whatever correlates with your future plans but a solid way to build long term wealth.