Our process:1.

Quote from @Richa Wardhan: Hello everyone,For those who call St Augustine home/ investment home , how challenging is the process to build an ADU on your property in St Augustine?

Even more exciting, I’m already getting my second property under contract tomorrow with my partner.A huge thanks to everyone for the incredible content!

The thing is huge and just sucks to have it sitting empty outside of me hanging out in there with a couple beers and a TV on nice days. 

That's HUGE right there. 

@Sam HendricksenMultifamily is super competitive in this area and you have a huge advantage over your "competition" with the fact that you are owner occupying as most deals nowadays hardly cash flow. 

@Tomas FalconWelcome to the community and be ready for a huge amount of information at your finger tips.

@Michael Smythe Great processes Michael!

Detroit can be a fantastic market with strong cash flow and good appreciation potential, but it’s definitely a unique place with its own quirks.Starting with cash is a smart move, especially in Detroit, where local knowledge and relationships can make a huge difference.

., funding, management, deal sourcing) based on strengths.Bylaws to Include: Cover profit/loss splits, decision-making processes, buyout clauses, and what happens if the partnership ends.