In addition, the wrong people will destroy things and there could be high theft.

Can you provide an address where you believe a refi appraisal valued a single ADU addition at the same cost as the hands off addition.  

Lol.....Maybe I should develop a business model that installs them...for a slight additional fee. 

Long story short, I spent about 3 months figuring out how to make half-decent drawings and refining and adjusting them to code.We started work on the basement at the end of May with Minh and by the middle of September the basement was transformed into a luxurious 2/1.That still left a lot of landscaping work, but my wife and I tackled that over the next 3-4 weeks in addition to the furnishing.

Any inputs or additional thoughts would be appreciated! 

Additionally I spent $35,000 on property taxes, $17,000 on insurance, $35,000 maintenance and repairs.  

Look for properties on main corridors or sites with existing structures (e.g., small houses or retail buildings) that can be torn down and redeveloped.Challenges in South Florida: Be mindful of market conditions and local regulations.

As far as permits and renovations and ADU additions?

Do your management deals give you your large stake with zero or very low capital of your own in addition to a management fee?

As an individual with an FHA loanI appreciate any additional guidance you all have for me.Thanks!