Buy an existing house to live in and add an ADU in the back.

Quote from @Chris Hertig: We recently purchased a multi-family property and have someone living illegally in an uninhabitable, detached garage. 

One-person rental units are in the highest demand, and co-living directly appeals to this market.

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

My wife and I have 22 residential assisted living homes in Colorado and three commercial senior living communities in Colorado and Arizona. 

6 Mistakes Every Co-Living Investor Makes& How to Avoid Them1.

Is buying a rental into a living trust a good idea?

If you live in CA, and your LLC is in OR, you still need to register it in CA and pay the 800 dollar per year LLC tax.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $302,500

Cash invested: $5,000

Utilized VA Loan for a House Hack for my first Rental Property. Started renting it o...