Hi all -- I've identified a piece of property that I would like to develop into mostly residential homes, with some townhomes/multifamily.

I would like to pull out equity from the homes to build either a house on each or an ADU (they are zoned multi-family) depending what makes the most sense on returns and what is feasible.

(I can connect you with some resources if you’d like!)

Do you see a model like this catching on?

I’d love to help if you’d like!

@Ashish Gambhir like most have said it will take some creativity or a lot of work to get a cashflow rental in the Triangle. 

There is still a lot to learn but sounds like you are on the right track. 

Search for properties in your area as if you wanted to find a place like yours.

If I have a potential tenant that I like then I work with them. 

Would like to be more hands off as well.