Quote from @Richa Wardhan: Hello everyone,For those who call St Augustine home/ investment home , how challenging is the process to build an ADU on your property in St Augustine?

They have definitely become more challenging since rates have gone up.

Finding a condo that allows Airbnb/STR will be challenging, they're rare and cost more because of it. 

- Do you think it’s worth challenging the appraisal with Kiavi, or should I just cut my losses and move on?

Providing relocation assistance to tenants, for example, if I want to sell the property or move back in - this can range from one month's rent to thousands of dollars (e.g tenant has a disability, minor children, elderly it will cost you more), depending on the city.

Austin's real estate market is challenging but rewarding, and you're well on your way to success.

I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025.

Challenge is where is their motivation to properly screen applicants and get rid of nonpayers?

Whenever I face challenges, I tap into my inner Goggins, reminding myself that if he can conquer the impossible, so can I.And let's not forget Think and Grow Rich, a timeless classic.

That said, its a great opportunity for the investor willing to accept the challenge.