I can't even access all of my old property reports that I created with the calculator in the past couple months without upgrading to BP Pro.

Another option is a Tenancy-In-Common (TIC) structure, where ownership is split between you and the LLC, allowing compliance with 1031 rules while securing financing.This post does not create a CPA-Client relationship.

Can you DM me and share details about the sponsor?

Thanks for the detail Peter.

I think initially it makes sense to find properties that already have finished basements, in-law suites, etc. as converting those spaces to ADUs will be inexpensive and create a significant amount of rental income ($2,000/month+ in most areas close to the city).

Hey bigger pockets family, I'm facing a dilemma that consists of me choosing whether or not to buy a tiny home and put it on my current home's property, creating an ADU to rent out or to save that money that I would put into the tiny home and save for my next purchase.

There's no reason to provide details, though I do let people know if anyone asks that we do not accept bulk up-front rent payments or anything like that because I absolutely do not want a prospective tenant to think that someone else swooped in with a bunch of cash last minute.

It sounds like you're well on your way to creating generational wealth.

Let me know if you end up with Madison/Dane County area on your short list and want to talk in more detail.

@henry Clark has posted on BP exact detailed steps to create a self storage facility.