I would like to pass on a little bit of useful information for anybody thinking of converting their permit over to owner-builder. 1 - You will not be able to sell the property for a minimum of 365 days from the date of issuing of the CO. 2 - The property must be for the owner's own use and occupancy and not for sale or lease which means you will not be able to rent it out. 3 - The owner-builder must ensure that all employees working on the project have the required licenses.4 - The owner-builder must provide worker's compensation as required by Florida law.5 - To apply for the owner builder permit, you must physical visit the building department.There are others requirements and conditions, however these are the main items.

Painting walls, updating fixtures, or handling minor repairs yourself can save thousands upfront.Consider Your Exit Strategy: You’ve got the right idea;house hack for 1-2 years, then convert the property into a long-term rental.

Then, run a rental stress test on the new STR assuming a worst-case scenario—like converting it to a long-term rental with a 30% cut in future rents.

And once you convert it into your primary residence it is no longer eligible for a 1031 exchange. 

Converting the basement to a living space to make a duplex.

Xero will work since I have clients that uses them and well I helped them convert to it.

For example, if market rent was $2,000, I might offer $1,900 and $1,950 for a 2-year lease to start.My leases convert to month-to-month at the end of the term.

Rick, I am preparing to convert a detached garage in Anaheim into 2 bedroom ADU.  

Converting that money to cash flow is a problem for later.   

To make room for grandma, they walled in the deck with heavy drapes and converted it into another bedroom.Sometime ago, she complained of leaks coming from the sewer pipe under the deck, so I had 2 maintenance men (brothers who help me with repairs and yardwork, who have been with me for 15 years, they're like family) to fix it twice.