Back to the kitchens, I especially like the  (before) galley kitchen with the tile floor, and if there was a door opening at both ends at ADA specified widths that would be a nice feature too.Good Luck!

@Brian OMahony  SMS marketing  (regardless of the tool or medium) is entirely dependant on the quality and focus of your list and in SMS (or cold calling) the quality of the phone number look up of the owner/site address (skip tracing tool).  

Our plan is to hold this medium-term rental property to build equity and develop a larger portfolio soon.

I am planning to do more buy and hold, but in little medium to large scale.

Curious of a few things for those that execute this strategy currently:-The city the property is in has a no more than 4 unrelated people rule, would that be an issue for me if all bedrooms were full or does the fact the basement tenants would be short or medium term save me?

Purchase price: $390,000 Cash invested: $150,000 Rezoned to allow for ADU and am currently finalizing plans to add a second story and redevelop the 3-car detached garage into an medium term rental with an ADU above the garage.

I looked up the lot minimums for Shelby County, and these seem to be 15,000 square feet with a 100 foot width.

Hello Kyle,There are lots of things to consider, and there are lots of different types of Zoning for residential.For example you could be zoned residential, but the minimum lot size could be 1 acre, and you are buying 1 acre, in that case you wouldn't need a developer, you would just need a builder.For example, lets say you have 5 acres and a perfect rectangle property, that has an existing street that runs the long ways of the property so you won't have to put in any streets, you will simply need to get with a surveyor, figure out your minimum lot widths from zoning, and file with the municipality to get your property subdivided into lots.Once you have subdivided lots, you can either sell the lots outright to a builder, the cleanest transaction.Option 2, you could try to partner with a builder so you can split the profits, most builder's will want you to guarantee the loan, and still charge a build fee before profit splits.Option3, you can hire the builder, obtain the financing, and keep all the profits.Option 4, you could do any combination of 1,2, and 3. 

Only amenity is a common area medium pool with a water view. 

If you can't qualify for conventional financing and/or have 10 conventional loans already, then DSCR financing could be a great option if you are doing buy and hold rentals (can be any strategy - short, medium, long term).