Just wondering can you ever catch a great deal on the market  and if so what’s stopping you from taking advantage?

You will meet a lot of great people here that will help you on your journey. 

Recognize buying rent ready units have very thin margins and most properties purchased off the mls will have negative cash flow.  

They can ensure everything is safe and, if you attend the inspection, they can educate you on what to watch for.

Purchase price: $55,000 Cash invested: $440,000 Currently under construction and pre-leased for $6,195/month, this 7-bedroom, 5-bathroom student rental in Clemson, SC, was built using investor cash and designed for high-end student living.

My last purchase (built 1900) has no closets.

I am currently working on phase 2; building 2 ADUs.The permits are already in the works but the biggest question is what is the best approach when funding these 2 ADUs BEFORE I have the equity from my home?

Definitely on market.2) This is such a tough question to answer, but I think it might be something along the lines of don't overleverage.

Out of curiosity, how much do you expect to make on the STR? 

There are experienced PM's on here such as myself willing to coach and give advice.