As an example, my neighbor added a second story to her home and the contractor gave her an estimate that she agreed to. 

This tax change could trigger even with offering contacts for those services as it could be construed as contractors.

And you can do it with little cash, 5% down conventional is better than 3.5% FHA.House hacking also gives you a chance to cut your teeth in all major skills: analyzing deals, buying process, financing, working with contractors, advertising for rent, background checks, property management.

Reach out to the contractors currently building ADUs in your market.

Getting Fair deals on labor and repairs comes from developing win/win relationships with contractors.

The guy inside was named Alex; he wasn't the owner, but the contractor.

This team consists of an Investor Focused Agent, Lender, Contractor, and PM.Read this article on the "core 4".

One place that will soon become a rental market heaven is an area around Johnstown/ New Albany where a huge Intel plant is under construction with plans for thousands of employees, not to mention the contractors there now. 

Do you have inhouse construction department to reno units, or are you hiring outside contractors? 

Hey @Brad Roche - We do a significant amount of renovation loans (both Fannie May & FHA) here in Chicago and prefer the Homestyle loan only because it's less stringent on the borrow about what they have to repair, and they provide the general contractor a material draw at closing which helps the project start on the right foot.I thought the minimum down payment was 5%.