*Development plans for expanded Hoffman Town Center*Although specific tenants have not been named yet due to the development being in the earlier design and planning stages, the vision as described by Hoffman Co. is a commercial and residential mixed-use development including a new public school, storage center, city agency training, a farmer's market, festival space, beer garden, and "other similar uses approved by the city".Sources:Developer laying groundwork to go bigger in Alexandria’s Eisenhower corridorAlexandria considering big plans for properties next to Eisenhower Avenue Metro stationPotomac Yards Alexandria: The 2$ Billion Sports Arena is not the Biggest Development in the Pipeline for Potomac YardsThe Sports Arena was a recent idea that was part of a bigger plan approved in 2017, that called for a massive shopping center at Potomac Yards and the surrounding area to be redeveloped into 1.9 million square feet of office space, 1.1 million square feet of residential space, 900,000 square feet of retail, 300 room hotel, and 9.3 acres of open space by JPG Smith.

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

Quote from @Gary Aragon: Quote from @Rick Albert: Our electricity is already separate and we designed our ADU to be all electric so no gas. 

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. 

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.

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

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

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.

Yes, it is possible to obtain a second FHA loan, but only under specific circumstances, as FHA loans are designed primarily for owner-occupied properties.

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