I am just starting to learn about real estate investment and would like to approach it like everything else; I work in finance and analyze credit (quality and risk) for a living, so I like to be thorough and really know my numbers (particularly the cost side of the equation).

Thanks Dan, I appreciate the thorough response!

Have you thoroughly read the recorded Declaration and Covenants for the parcel you are considering?

By giving thorough explanations and frequent updates, lenders must guarantee that borrowers are aware of all loan terms, conditions, and expectations.

@David LutzVery thorough post and thanks for the transparency.

Just make sure to research thoroughly and consider working with a property management company if you invest far from home.

While people can change for the better, its imperative to run a thorough background check and a full credit report.

That includes exit strategies and a thorough understanding of risk.

Assuming a dollar today is worth more than a dollar tomorrow (it's a fact, look up "Time Value Of Money"), the less you pay in tax today, reinvest those tax savings, it's quite simply explosive to building your net worth over time.So now that I've thoroughly trashed buying real estate with your SIDRA, you should know some tactics on how to use your SIDRA to grow your real estate business.

Additionally, if you decided to STR/MTR your ADU, you will have higher turnover (with larger profit margins), meaning you can keep a closer eye on your unit for maintenance and upkeep.Please remember that every investment decision should be based on thorough research and understanding of your personal financial goals and risk tolerance.