What do you all think about buying undeveloped land and setting up ADUs to rent out?

In the meantime, I'd recommend using the search function and set up keyword alerts to find other questions on land wholesaling, best investment strategies, and any other topics of interest.Excited to hear what you and your son have in the works, all the best!

For our other beds (king, queen, twins) I followed advice here and got sheets from Kohls, and those are great.It seems like the simplest thing to do is just leave a set of queen linens in the closet for guests to use on the sofa bed.

I went out to Memphis in late July to set up a network of agents and contractors.

Being clear about what’s covered in the lease and by local laws can avoid misunderstandings and set their realistic expectations.If you do plan to carry out the cosmetic upgrades (because the property is overdue and of course you want to ensure your tenants are enjoying their home to the best of your abilities), try to schedule the repairs at times that minimize disruption.

when underwriting a property a good rule of thumb would be to set aside ~5% gross income for each Cap Ex, maintenance, and vacancy. (15% total)I dont know much of the market in TX but in central MA i work with a lot of investors that are interested in acquiring multi family properties so that's mostly what i deal in. 

I’ll look into them.Has anyone ever heard of any internal goals set by the VA or VRMCO that motivates them to get a house off their books by a certain date?

And once set, this shifts the focus to rinse and repeat, finding the next value-add potential and making magic happen again. 

Can someone recommend any advice on anything (setting up partnership structure, accounting/ setting up a bank account , lending with foreign investors, sourcing deals etc…).

All your first set of questions can be answered by looking online or calling several local competitors.Your accounting questions though, show such a lack of basic knowledge that you probably shouldn't be doing this until you have more experience.