Not sure if hard money would be the correct route to go for this one or notHey @Scott Allen I generally run the initial underwriting to minimize the developer's equity (@Shayan Sameer) based on the max LTV % or LTARV % that the handful of HMLs that quote me on my deals.

They would offer a more hands free approach, but eat up the profit in return.

Since you're already in Tampa, staying local for your first few deals can help you stay hands-on and learn faster.

A new construction ADU will be appraised significantly less than the hands-off construction cost.

Booking.com tends to be more hands on since you have to setup up a payment processor and take payments from guests.

We buy a handful of single-family properties in this area every year, most recently for between $150,000 and $160,000.

I'll hand it to Pace Morby tho- he is an amazing marketer. 

On the other hand, what if you get hit with a slow year and have $0 profit?

Section 8 could also work as a hybrid strategy here; the stable income is nice, and with good property management, it’s pretty hands-off.

There's only a handful of these in the Bonita market that meet the ideal criteria for your strategy, but they're much more prevalent in Fort Myers.