Stacy, Be encouraged, you're in a temporary set-back on a worthy road to wealth-building & financial freedom.

There are building codes as well as set back laws that you must obey.

Save for Your First InvestmentCommon Pitfalls to Avoid:Don't rush into deals without proper due diligence.Avoid over-leveraging or taking on too much debt.Be cautious of "get rich quick" schemes; successful real estate investing takes time.Don't neglect legal and regulatory considerations.Remember, everyone's journey is unique, and there's no one-size-fits-all approach.

Based on the property line, the existing structure is 10' over the setback line in the front. 

Regulatory costs, property taxes, and costs for services will continue to rise, but the owner's rental revenue will remain stable, leaving a shrinking pool of funds available for maintenance and improvement. * Property taxes and other fees and regulations placed on rental property owners are already very high, and are rising faster than rent increases in many cases.

Here's what the quote covers:- Conversion of 2 bedroom, 1 bath main house to 3 bedroom, 2 bath (~1040 sf footprint)- Demolition of existing walls (existing dining room wall, wall between kitchen and living, bathroom closet)- Finished Shell (Reframing opening to living room and kitchen, shifting openings for bathroom/bedroom, new walls at bathroom and dining, level - Replace all aluminum windows with fiberglass windows and screens- Upsizing plumbing, and relocating fixture locations as necessary- Upgrading electrical panels- Assume heat pump and ductless mini-split for heating and cooling- An allowance for kitchen appliances including combination range, hood, dishwasher, microwave, refrigerator, and washer/dryer- An allowance for mid-grade plumbing and lighting fixtures (Delta, Kohler, or equivalent)- Mid-grade plumbing and lighting fixtures (Delta, Kohler, or equivalent)- Ikea cabinets or equivalent with solid surface countertops, includes island- Assume solar system to be installed on the house including battery storageFor the garage ADU, the garage would need to be demoed and rebuilt, but we would benefit from building within the setback since the garage is on the property lines.

Simple: to connect with kindred spirits, learn from your triumphs and setbacks, and share insights as we navigate this exhilarating journey together.

Fear has been my biggest set back in keeping me from my goal of Real Estate Investing, but I no longer have that fear and I'm betting on me from now own. 

I have a waterfront property in Bradenton Florida that has a variance for the the rear setback (seawall) that was approved in 2010.

Exploring the Heart of Broward Real EstateMarch 2024 tells a story of resilience and opportunity, where challenges are met head-on with positivity, and setbacks are seen as stepping stones to success.