It is easy to get distracted, but where you focus the most attention will get results. 5) It sounds like you want to live a life by design.

I have working capital, a solid understanding of how to analyze properties and the rehab process, and I am great at design.

I also enjoy designing people's homes mainly friends and family and I love renovation projects! 

We can meet almost any need- plus we can help with design

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

The low bids likely don't account for the entire scope of work required to design, permit and build an ADU, including requisite utility upgrades and other site improvements.

In a city like LA especially, you will need to make sure your rental is set apart from others, so I would have a sizable budget for furnishings and design.

In addition to FHA, I have a conventional loan with the option to put as little as 3% down as well a speciality product that has lower rates if the property is in a designated area.

Other significant players include IHG (10.5%), G6 (4.9%), and Choice (4.8%).Total room inventory has been relatively stable, with slight fluctuations:- January 2024: 103,379 rooms- February 2024: 107,068 rooms- March 2024: 103,353 roomsEmployment trends show gradual improvement:- 2024 projected employment growth: 0.9%- 2025 projected employment growth: 0.5%While population growth is expected to remain flat, household income is forecast to grow by 4.4% in 2024 and 3.5% in 2025, potentially supporting increased travel and hotel demand.Market OutlookThe Los Angeles hospitality market is poised for continued growth and stability:1.

Opt for landlord-specific coverage: Ensure you have a policy specifically designed for landlords, which may offer better rates and coverage tailored to your needs.3.