You could look to mentors to guide you through the process but be sure to do your due diligence before spending any money.

There are consequences for our government decisions and a lot of current policy and national sentiment continues to be inflationary (tighter immigration, high tariffs, wars, nationalism/isolationism, child tax credits, student loan forbearance, high government spending/deficits). 

Why spend $300K to build an ADU when you can buy literally (8) or more investment rentals with $300K.

In order to qualify for real estate professional status, you need to spend more than half of your work-related hours dealing in real estate directly, or more than 750 hours during the tax year.

Commercial brokers will know more becasue they have to... they get the contract and hand it off and the deals i have done there i get inspection addendum's written by the attorneys and boy that is very dysfunctional.. no explanations as they are getting flat fee's and spend zero time doing what needs to be done to keep transactions together the little things the public does not see. but anyway thought provoking.... 100.00 and hour is a pittance to a seasoned agent.. don't see that flying.. but to a mid level or starter who comes from a back ground of getting paid by the hour..

I will ultimately spend $35,000-$40,000 more on finance charges when looking at the total picture (not paying the $50,000+ pre-payment penalty) but was able to complete the transaction with $320,000 less equity.

If you have plans to sell it in the future, you probably want to do a full remodel anyway, so there is no point of spending too much on it now.

If developers aren’t building because it cost too much due to inflation, and why would developers spend all this money to build and then take a loss on the sale?

But that isn't that attractive because they then have to spend time figuring out what to give you, setting it up, teaching you things to be able to do it, and that's a lot of time and energy spent.

The idea appealed to Meta employees, who had plenty of money to spend, along with a natural affinity for a crowdfunding website reducing the friction of real-life investments.