There are several myths that we have to debunk before someone truly believes they can do it.You need millions of dollars to do a dealThat it’s too complicated to figure outThat permitting takes yearsIn those communities developments cost way less (think a couple hundred thousand along with a loan from a regional bank), permitting is not difficult (much less red tape), and the towns are small enough that both the city staff and the local architects and engineers and contractors all work with you to help you navigate the process since you’re all invested in making your community better.Note: The big boys can play in the primary & secondary markets.

@Jordan Brown It might be difficult to find properties in your price range unless you're willing to house hack.

The build process to include funding can be quite lengthy and difficult. 

It is usually difficult to take money against it from the bank, it might not be a 1:1 value add - meaning if you invest 100k into an adu it might not raise your value by 100kThat being said, it can be pretty lucrative especially in expensive and sunny CA - since building lots are no where to be found and existing real estate returns are very poor.My partner builds these units.

Land is probably the most difficult type of real estate to successfully wholesale.  

Purchase price: $425,000 Cash invested: $5,000 Helped my past client out of a difficult situation.

However, differentiating your unit will be difficult so you will have to compete on price, and you are somewhat competing with hotels.

This left the remaining roommate in a difficult situation, and he is now trying to find a new roommate.I have informed both tenants that they are equally bound to the 12-month lease agreement and that rent must be paid in full, regardless of one tenant moving out.

.- Navigating tricky landlord-tenant relationships when you live on the same property.While some people thrive in this environment, others find it difficult to balance personal space with their role as a landlord.### 3.

You have been investing for about three years but are finding it more difficult to find deals that pencil.I understand.Here is what I find works for sourcing deals:1.