Focusing on A-B areas and taking a hands-on approach definitely helps with maximizing cash flow and equity.

If anyone has an end lender that has successfully closed a handful occupied padsplit loans and can underwrite based off actual padsplit rents I would really appreciate an intro.

I’m a plumber and I know first hand plumbing prices have changed since then! 

ADU increase value less than the hands off ADU addition, but a developer is not a hands off ADU addition.Thanks

Starting with a single-family can be a great way to start especially if you’re looking for a lower-risk starter project where you can get your hands dirty and learn a ton by doing.

congrats on the Naca program I have sold a  handful of my OREO to Naca buyers.. its a great program takes some resolve to go through their initiation process. 

For someone looking for diversification or steady long-term growth without getting too hands-on, your suggestion of buying and upgrading a rental property in a familiar and appreciating area makes a lot of sense.

If the answers match, you’re probably in good hands.

We have ~45 MTR units, a handful of LTR units, and 1 STR unit.

The idea is to use this property as an office space, giving me the separation I need from home while providing a place for my assistant to work where I can be more hands-on with them.The business would pay rent for the property, which would cover its expenses.