If you are going to test the market with a new standard, be patient.  

After 4-5-6 years then maybe roll them up into a small mulitfamily.Another option if you have the credit and some capital is to buy a 4 unit as owner/occupied and live in one and rent the other 3. 

Everyone knows who the new person is and the goal is always to mess with them and test them and try to get them to spend their money on the junk so we can get the good ones. 

But a lot of these builders want to roll up and start putting sticks on the ground, so they want to see essentially everything ready to go to the city/county for approval before they sign on. 

But that's just me I guess.Now Travis knows someone who would regret that.Haha, I hope you both can roll with me here.

My CPA also has an investment we got in with double digits returns that we rolled our IRAs into but you could probably put cash into if you would want to live off of it before retirement age.I would never recommend someone stay in a job they hated just for the money.

We can use the original part of the house for rental as well, which is valuable to help use understand the STR rental market better, ie what income we actually get as all we have current is the airbnb site itself and airdna (an airbnb analytics site).In short I think the downside is limited, and this deal with give valuable experience while testing my beliefs that it will make me some money!

many years later this is my 1st time seeing this post. you are absolutely correct. the people have been the treasury since 1933. your signature is requires for anything financial to get rolling.

If you include the costs to build in a purchase of the primary structure, then you can typically roll that into the final loan product.

Next steps are to put down a roll of plastic to prevent moisture or wet floors.