I am assuming making it ADA compliant (wheelchair ramps, etc.) would be a prerequisite. 

Not something you can just spin up overnight.Because of those hurdles — and the risk of fines if you don’t stay compliant — I personally haven’t gone deep into SMS, so I can’t speak on its performance firsthand.

Add to that a landlord who shows up driving a flashy car and dressed to the nines, and you have a clear starter recipe for rental nonpayment problems and a bag of concrete flushed down the toilet as a parting gift by an evicted tenant.

Remember that landlord-tenant laws can vary, and since you are in Tennessee, it's advisable to check the specific regulations in your local area to ensure compliance.Because of these legal guidelines, many landlords in Virginia choose to implement a straightforward 10% flat late fee, as it is legally compliant.

With LVP any water that makes it through the concrete will be trapped and create a squishy noise.

If you bring real value to the table, you’ll build your reputation fast.Best of luck — and stay compliant out there.

I'm aware of the fire suppression, ADA needs, etc. 

The return on cash would be a no-brainer.Problem:- The city (Oakland Zoning) wants my Phase 1 to be minimum of 5 units, which puts me over some thresholds where I need ADA in Phase 1, I'd need a unit on 1st floor, and hit with additional impact fees in phase 1.  

Never heard the term before but I have set up sales and investments that are compliant to those religious belief's.

Some potential cons going with this structure would be making sure you remain compliant paying for the state filing fees, registered agent fees, and reporting for taxes.Please feel free to reach out if you have any additional questions.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.