This, in turn, allows for higher rental rates or quicker sales, directly impacting the ROI.I could remember when an investor purchased an old, three-story commercial building at  a bustling downtown area.

Are you having luck doing new-build single-family infill projects? 

Quote from @Kyle Hess: I'm building a list of tools you could have handy while touring a potential fix-and-flip. 

My husband and I own a rental unit in a condo building in Jacksonville, FL.

all are new constructions and I don't know how she is gonna be able to find 750h of work to do in these new construction houses.Any help appreciated  I would definitely be talking to a real estate savvy CPA- there are lots of armchair tax experts on BP and you can get really confident and incorrect advice. 

I don’t believe you can do a 1031 into building an ADU on land you already own, even if it wasn’t your primary.Reach out to @Dave Foster if anyone knows he would.

It’s awesome to see your passion for real estate and your clear goals for building a portfolio.

Someone in the build chain knows the guy who writes the checks.

The building value of the rental is written off across 27.5 years.

If not, they may consider building the ADU and down-sizing into it and renting out the main house.