Remember, investing 200,000 into an ADU won't likely increase your properties value by 200,000, but the rent potential is a great bonus.

Still tons of deals that hit the 1% rule and positive cash flow here and you get amazing appreciation potential.

OP I think you’re in a great geographic spot and potential REI strategy potential.1.  

In over 15 years of lending our money privately, here are the most common questions we are asked by potential borrowers.

.📊 The 24-Hour Results:✅ 695 New Contacts✅ 100% Email Open Rate✅ 15 House Tour Requests✅ 2 Applications Submitted🔥 The Strategy: Livingsmith Partnership Database ApproachOn Friday, January 24, 2025, we launched a simple but highly effective outreach approach to attract potential tenants and partners.

I completely agree with @Ashish Acharya's points about the cost-effectiveness of a HELOC and the potential credit implications if it’s secured by your primary residence.

If your business is worth significantly more than what you owe on it, you may be able to borrow against that equity to fund your first deal—rather than walking away from a potentially appreciating asset.Some investors take this route, keeping ownership of their business while using its value to qualify for financing or attract a capital partner.

Ensure you collect a proper security deposit (typically one month's rent in Florida) to cover potential damages.Your plan to increase rent next year makes sense given rising costs (taxes, insurance, and maintenance).

The truth is, fix-and-flip investing is an incredibly rewarding endeavor, but fully lined up with pitfalls that can easily turn your dream deal into a financial disaster.So, let's break it down:The Good: Why Fix and Flip Can be a GoldmineHigh Profit Potential: If done correctly, flipping can yield 20-50% returns-or more-in a few months.

It can come from a personal investor who will negotiate terms, or potentially a piece of the equity.