Depending on the state, you will need a designated agent for your LLC, in that state.

It's the ultimate "investor" property as it's designed for investors unlike some other condo or house in Carlsbad that you won't be able to visit because it will be on a 1-2 year lease and will only net you equity via appreciation, not cash.

Anything smaller may not attract larger investors or offer the economies of scale needed for profitability.Design Style: BTR developments often consist of attached townhomes, usually with features like garages and a more upscale design to appeal to renters looking for something between an apartment and a single-family home.Location Factors: The success of your development depends heavily on location.

Assumption by an EntityUnfortunately, assuming a VA loan directly through a legal entity (such as an LLC, corporation, or trust) is typically not allowed because:Primary Residence Requirement: VA loans are designed for owner-occupied properties, meaning the assuming borrower must intend to live in the property as their primary residence.Credit Review: The VA and lender require the assuming party to undergo a personal credit and income review to ensure repayment ability, which entities cannot satisfy.3.

Best of luck to you working through the renovations - if you need any design advice, feel free to reach out!

Also, it goes without saying that if you make a procedural error (very likely as the process is designed to trip up the unsophisticated landlord, and all tenants have the right to a pro bono attorney), then you have to start the process again from scratch. 

During this time, we aimed to provide comprehensive support, including design, setup, and data-driven projections.

That way you can work backwards on the land price AND your holding costs while you're designing, permitting, and building the home. 2.

Advice on Layout/Design: For those who have added ADUs, do you recommend standalone units, garage conversions, or a combination of both?

For my personal properties, I design the mortgages so that I'm just above cash flow neutral. 5% of the gross income is a good number I shoot for above neutral.