@Hamidou KeitaTo build a duplex or ADU in Tucson, verify zoning regulations, obtain construction estimates, budget for unexpected costs, research market rent and vacancy rates, calculate ROI, consider neighborhood and property value trends, analyze construction timeline, consider exit strategy, and consider a backup plan.

It’s also worth diving into local regulations and HOA rules—they can shift quickly in coastal markets like this.

The bottom line is this: Concealment is not asset protection, proper (time consuming and expensive, I know) management, and good, prudent, practices (ditto), WHICH ARE ADHERED TO, and insurance (expensive), are needed for asset protection.

Let's check the Regulations 1.21-1 which clarify Section 21.

It is common practice for mortgage companies to later sell the already funded loan to a 3rd party like a hedge fund or a bank after the fact.

If the title company won't respond, contact whoever licenses/regulates them in your state.

Distributions from a regulation d fund like this should be treated as passive income and therefore not be exposed to self-employment tax.

Best practice is to ask them if they consider hard money cash. 

If there is not enough STRs in the market you are in then you have to adjust business practices.

While I’ve completed six transactions, I now primarily use my license for referrals rather than active practice.