The initial plan is a 1200 sf build out with plans to expand back away from the cliff later as finances and interest rates are more favorable.

@Tomas FalconWelcome to the community and be ready for a huge amount of information at your finger tips.

To save those costs, you might want to stick to some year build and older, for example, if you cannot do inspections on the properties that you are buying due to off-market deals or something else that is hindering you (all sellers I buy from do not want anyone in the home till we close).

How do I acquire the funds to build an ADU to the property?

It sounds like you’ve got an exciting plan mapped out, and I love that you’re thinking of starting a property management business while building your own portfolio—that’s a smart move.

It's called PM Build.

Hello,Just wanted to introduce myself as I have been a long term podcast listener and reader. Wife and I have finally agreed that it’s time to take action. We have house hacked past two years and rented out a room in ...

It never occurred to me that I’d have to make the drive to this building for 2 months.

I am a LTR owner, getting ready to move into the STR game.

Research led me to a couple of videos of former ND players coming back to build development into the area.