If so, how did you handle it?

MF with many garages to convert to ADUs, parcel splits, full on development, coop/tic with the resources to handle financing challenges, etc.To raise money in this market as a newby will also be challenging unless you can get it from friends and family.

I check in on the job to ensure that things are being done the way I want them done.If there are issues, the contractor lets me know and we discuss how we're going to handle it.

It's thorough, easy to use and easy to modify so you can include your own special terms such as quiet hours, how trash service will be handled, parking, and anything else that is specific to your property. 

Hey Chris, a few thoughts here.Considering that office is not attached to the house, I wouldn’t add any footage to the total home square footage; however, you could advertise that office space and amount of footage and amenities in your remarks.If you’re a Realtor or are using one for the sale, your local MLS may have fields dedicated to additional footage for other buildings on the property, such as ADU’s.The other point is that typically, perhaps depending upon location, a space needs to have heating to count in the square footage, which this office doesn’t have if I understand correctly.Consider contacting an appraiser to inquire about how they would handle this space on an appraisal, or a Realtor.

This is a huge mistake as there are other terms and lender administration processes that will have a far greater impact on how much cash is truly needed to execute on any given project and that's the cash amount borrowers should be aware of.How are interest payments handled?

You could start a PM company that handles subsidized housing program recipients primarily but I am not sure of the economics of that as it is not my specialty.

So far the condo investment has been pretty hands off as the HOA handles most things

Long story short.. they inflated rent projections, sliced corners on property management, and almost left him holding the bag when the actual numbers came in.Vetting a syndicate means getting cozy with the sponsor’s track record, verifying their underwriting approach, and understanding whether they’ve handled rough waters before.

Make sure it can handle the extra capacity before you get too far along.