In most of Raleigh city limits specifically, the lack of room to build new construction developments has stirred the folks in zoning.

City has to inspect if I'm not mistaken to determine if threshold is met to where it is a tear down or rehabable.

Quote from @Jemini Leckie: Hello, I am trying to understand the Orem, city code to determine if I am allowed to rent my basement ADU that I currently live in two a couple cousins and their friend.

I'm not sure if the program is still going on, but has definitely revitalized a lot of the area when it was once destined to follow the way of other older cities that are aging out of existence both in terms of people and property. 

I'm planning to put in my first offer on my first rental on a SFH in Kansas City in the next day or two.$140k offer8% interest rate20% down8% management fee5% vacancy5% maintenance 5% cap exI haven't gotten insurance costs yet but it's been suggested that I plan for $2k per year. 

I believe Alexandria city allows it but portions of Fairfax county do not allow it. i would go option 1 personally. 

However, Opportunity Zone investments require careful structuring to ensure compliance.Evaluate your priorities: If starting a business is the main goal, proceeds from your primary residence (with the capital gains exclusion) might provide the simplest funding option.This post does not create a CPA-Client relationship.

The logistics are simpler since as you get 4-5 turns/year and it isn't affected by the city ordinance on STRs.

My main goal is it be able to retire at age 40 from my main job and work entirely on my real estate portfolio.

I've read BiggerPockets' Real Estate Investing book and am particularly interested in the house hacking strategy, as I'd like to move out of my current living situation.Our main dilemma is choosing between a single-family home (renting out one room to a close friend) or a multifamily property like a duplex or triplex.