This, in turn, allows for higher rental rates or quicker sales, directly impacting the ROI.I could remember when an investor purchased an old, three-story commercial building at  a bustling downtown area.

All this is why, I believe, it's a rare thing in the REI industry. 

The best way to connect and learn is to be in rooms where it's going down.In terms of captial your best bet is to focus on a primary income that cash flow sufficiently, saving as much as you can and doing something real estate related so you can get familiar with the industry.

The tech industry and manufacturing growth in Reno also provides for a different client for short term rentals, something to look into.

Equity is your frozen cash that you access as it grows to build your portfolio 

Build a team with all that time in the morning and and the time you have by walking up early etc. 

Originally posted by @Ethan Cooke:@Nick Kraska - It really depends on how much you want to get involved in building a team/network, minor maintenance while you're there, etc.

Having the right partners on the design and build is what I have found to be the most important piece of the puzzle.  

If not, they may consider building the ADU and down-sizing into it and renting out the main house.

Hello @Hudson Filippi FHA does have a One Time Close construction loan that will allow you to build a home.