We spent four years in a duplex, maintaining it in our rental portfolio as we transitioned to another house hack residence with an additional accessory dwelling unit-type house next door.Navigating the intricacies of FHA loans in competitive real estate markets can be daunting, given stringent home requirements and more complex processes.

I'm trying to decide between building an Accessory Dwelling Unit (ADU) on my existing property (secured permit) and investing in a rental property in a cheaper market.

These closing attorneys do not want to be accessory to what the REC would consider unlawful practices.

To make it into legal accessory dwelling units, you would need to apply for the permit to do so.

Think about converting basements, garages, attics, or accessory dwelling units (ADUs) into separate living spaces.

I forget which of the 10 commandments that was......  10th: You shall not covet. 8th: You shall not steal.Pick one, the other, or both.

This means you can rent out a room in your place while you also stay there, you can rent out you entire place while on vacation, or you can rent out a basement or attic unit or an accessory dwelling unit (carriage house).

Without a contract and right to assign you have zero claims to assignment fee, no matter how much time, effort and money you spent into finding the coveted deal.

We also have "AFS" or "accessory family Structures" that are not quite ADU's but are separate units.

Purchase price: $127,250 Cash invested: $110,000 Sale price: $390,000 This was a fantastic flip opportunity my investor picked up in the coveted neighborhood of Mt.