The ADU would be utilized as a short term vacation rental. 

I wouldn’t touch long-term rentals as the laws are extremely in favor of renters.

How long did you have it listed for before you found the tenant?

@Brian LuterYour focus on small multifamily and land acquisition is a strong strategy, especially for scaling and long-term value creation.

Now after long term tenant it needs new carpet/flooring, paint, bath vanity.

I've selected Collin, Denton, and Grayson counties as my investment focus.My goals involve investing in multifamily properties and long-term rentals.

I’m a serial entrepreneur with experience in the tech and food distribution industries, now diving into real estate investment to build cash flow and long-term equity.

I think having a rental within driving distance, where you can afford it, in a market that will grow long term....this is the starting place.Whatever you buy today you'll be glad to have in 5 years or 10 years.Start where you can and grow from there.

We tend to gravitate to long-term owner-occupied properties, which are overdue for aesthetic updating, but well caredWhat else? 

We already have a few mid-term booking requests so just as I thought, my vision of what's possible is coming to reality.