Multifamily properties in Suffolk are selling nearly 2 weeks faster than last year.With respect to single family properties in Suffolk, there has been a 5% jump in sales activity (# of homes sold).

Without responding with respect to your zoning and what is allowed locally, I will discuss what is allowed on state level because i believe it will allow what you seek.In 2025 SB 1211 (Skinner) – Multi-Family goes into effect allows an ADU (I think it specifies detached but question if that is a requirement) for each legal non ADU unit up to 8 units.  

Thank you for the respect!

A few things you could consider:House Rules: Make sure you have clear, firm house rules for your STR guests regarding noise levels, shared spaces, and respecting the privacy of your LTR tenants.Noise-cancelling measures: You could invest in things like soundproofing the walls or adding landscaping (like thick bushes) along the privacy fence to further dampen any noise between units.Separate Access: If possible, ensure that the STR and LTR tenants have separate entrances or parking areas.

It’s one of the tallest and most respected cliffs on the east coast and people drive from far away to climb there. 

Hi Natasha, With all due respect, wholesaling is not a side hustle.

Always said I respect whatever they think and feel, the product is theirs and they had so much time to decide, to sell it to me or not.

I would also add with respect to Self-Directed account, Roth IRA/Solo 401k, with Roth Component.

Anne, I will speak to your question with respect to borrowing against the 401(k).

If just going this path is more practical it would simplify things significantly, but everything I understand says introducing these new activities and the respective liability could expose our other property to risk if a nuclear claim occurred related to either property if they were part of the same LLC.