FHA does not allow you to do things outside of the home like adding a fence, hard scaping, retaining walls...   

Their strategy is mostly value-ad.

Consider starting small by house hacking a single-family home, renting out rooms, or adding an ADU if possible.

@Beatrice Ontiti we most certainly agree that adding new construction in a growth market to your portfolio would be a great next step! 

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.

Thanks for coming out and joining us - we have some new events and workshops and training that we will be adding shortly - look for a couple of virtual workshops a month and a get started training program to be implemented before the end of the year. 

If it concerns you that much, adjust the purchase price to take into account this added risk. 

Hey Franklin,Usually adding an ADU is not 1:1.

Expectations for a higher standard of decor and theming has infiltrated this industry and those are the ones that do well.

Is it better to keep adding equity by doing work on the houses while I'm renting them then refinance to recover the initial down-payment to reinvest into another property or to pay down the heloc?