I love the concept especially given the need in your market for storing things like snow machines, boats, rvs etc, but also for repair or general "fab shops".As long as you are seeing the demand in your specific market for these spaces, and perhaps its worth getting some leases signed up prior to breaking ground but thats a personal preference thing, I think the numbers look promising if the use case is there.

there is a reason so few flippers do ground up or garage conversion ADU additions.  

I would suggest having a conversation to understand why they made the decisions they made.

In short, having all the conversations and commitments in strategy, setting up LLC and all the fun docs of who's doing what, and I'd suggest even getting initial funding into account for at least EM. 

I have been using Stessa for years and don't want to lose all that I have stored in the program. 

The contractors you run into inside & outside the store, will be hard workers.Good luck!

Some places you can find these are yard sales, antique stores, World Market if there’s one close to you.

Attached: An addition to the primary residence, such as a basement or garage conversion, or a literal addition with shared wall.Who is an ADU for?

Keep in mind, though, if you just sell outright, you could be looking at capital gains and depreciation recapture, so it’s worth crunching the numbers with a proper tax professional (I’m not one, by the way).What do you think the rest of the community has seen happen to property values since last year, and do you believe it changes the 1031 conversation?

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.