I actually enjoy construction but I'm ready to be my own boss.

We're in the process of releasing the lot from the mortgage, as our plan is to use it as a down payment for a construction loan to build a quadplex on it.

The current payment is $500 per month, which was agreed upon verbally.The developer is constructing a complex with 70+ units, which has also affected our neighbors.

All the costs Whitney outlined along with my construction budget seem too cost intensive for the ADU build.

.- Team: Other agents/brokers, lenders, title, attorney, contractors, inspectors, etc.- Experience in specific areas and with different property types.- Process for analyzing/screening potential deals.- Anything else that is relevant to the individual.

Another possible option would be to build a home with an ADU to rent out with a FHA OTC construction loan.

You want a property manager who is based in that community, who has established relationships with vendors, judges, inspectors....etc.     

It is different for the elderly couple who has lived in their house for 30 years and now has a large building constructed directly next door and wants to erect a fence that exceeds the max height allowed.

What is your comfort level on construction - cosmetic, mid-level or gut to the walls?

Triad consists of 3 cities Greensboro, High Point, and Winston-Salem.This area has seen tremendous growth in the past few years and I can see a lot of out-of-state investors investing in this area.Here you can still get a nice 3 bed/2 bath new construction or SFH built after 2020 for the 270-300k range and expect to get it rented for LTR for at least 1800-2300/m.