Bigger Pockets is the right place to come for resources as there are plenty on the site here.

But keep in mind if your using money you cant afford to get back then buying action property might not be appropriate for your current endeavors and its better to just buy open market were you can do proper due diligence and know you have a build-able site.

Questions like this often get better and more actionable responses.Also, keep in mind that while this site is an incredible resource, opinions can sometimes come across as blunt.

Some do virtual things some are more on site. 

I have been working with my contractor about 23 years now and when we get involved in a project I go to the site at least 4-5 times per week.

They have a ton of good groups and meet up events happening on both sites.

Next, arrange a site walkthrough to pinpoint any additional needs or potential challenges.

Walking score of 95.Pre COVID rental numbers:Monthly gross rent $15,250Cap rate 7.1%Future rental numbers:Estimated Monthly gross rent after current tenants move out $13,950Cap rate 6.5%Because monthly rent looks to be about 20-30% more if you rent by the month, I am considering renting out my duplex for monthly rentals on Airbnb/other sites and potentially for travel nurses (ideal because several hospitals are walking distance to my house).

use STR reports it's more representative of major hotel markets and hotel inventory. find hte right brand. we just did a 150 page report on one development site.

Some specific sites allow 1,000 square feet ADUs.Example: If your home is 1,500 square feet, the ADU cannot exceed 750 square feet.- Detached ADUs: Maximum height is 25 feet or two stories, but cannot exceed the height of the primary structure.3.