I do think you need a separate entrance option or at least two entrances in a four-plex to make it easier on the LTR tenants, but if you are open about it form the start, everyone gets it and you choose the unit composition based on which ones will be STR or MTR.

A basement with a separate entrance but no kitchen is not considered an ADU, and therefore does not have the 120 day limitation. 

I use this feature for separate accounts for each property that is under the same LLC.

If I were to get 8 separate single family homes, I would 8 roofs, 8 foundations, and 8 structures.

If you’d like to upgrade to the benefits of our Stessa Pro plan, you will need to to pay for it separately from your BiggerPockets Pro Memberbship. 

There are separate loan products for construction of an ADU (checkout Derek @ThatADUGuy on Instagram) to learn more.

With some humility, I’d like to say it’s keeping the finances separated/organized and liability protections, or everyone’s favorite question… do I need an LLC?

I want to be able to keep business finances and liability separate.

ALWAYS use a separate phone number that rings to your cell phone, like a Google Voice number or some company that offers a phone number.

First question: how much cash do you have to invest, and is this separate from your emergency funds?