Without responding with respect to your zoning and what is allowed locally, I will discuss what is allowed on state level because i believe it will allow what you seek.In 2025 SB 1211 (Skinner) – Multi-Family goes into effect allows an ADU (I think it specifies detached but question if that is a requirement) for each legal non ADU unit up to 8 units.  

Thank you for the respect!

A few things you could consider:House Rules: Make sure you have clear, firm house rules for your STR guests regarding noise levels, shared spaces, and respecting the privacy of your LTR tenants.Noise-cancelling measures: You could invest in things like soundproofing the walls or adding landscaping (like thick bushes) along the privacy fence to further dampen any noise between units.Separate Access: If possible, ensure that the STR and LTR tenants have separate entrances or parking areas.

Hi Natasha, With all due respect, wholesaling is not a side hustle.

And also, since I am the borrower, am I correct in my understanding that I would be subject to a tax on cancellation of debt which would lower my total IRR.I saw many years ago (like in 2017) on BP that note investors were shooting for 10-12% IRR in a zero-interest rate environement. 

In order to lower rates significantly, we are either in a deflationary environment (housing prices likely going down) or have high unemployment—the economy is not doing well.

Residents of Palm Beach enjoy one of the most exclusive environments in Florida, attracting the ultra-wealthy from around the world.2.

I think you mean Q1 and Q2 of 2022, where GDP went down 1.6% and 0.9% respectively, the stock market was down 20% and inflation was rampant.

I would also add with respect to Self-Directed account, Roth IRA/Solo 401k, with Roth Component.

Anne, I will speak to your question with respect to borrowing against the 401(k).