These are what we call "A-class" markets—areas with strong fundamentals, high demand, and typically excellent long-term appreciation.

I agree with @Jonathan Greene that the question is vague, so my advice will have to be as well.The short answer: MTRs are real estate, so just like all real estate, any place that can long-term-rent cash flow with increasing jobs/population can be a suitable site to purchase. 

Welcome to BP and come on over to the Short Term Rental part of the forums.  

I don't use padsplit (weekly rentals); I rent on long-term leases in B Class neighborhoods.

Another possibility I looked into is simply leave the current SFH as is since we have long term tenant, but build ADUs on the lot.

. - Flexible terms tailored to the specific deal. - Ability to leverage their network and experience in real estate. - Private lenders are not just sources of capital but can also be strategic partners who bring value to the table. 3.

You are still exiting with a refinance and thus the terms wouldn't change on the exit whether you are buying in cash and then refinancing versus doing a construction loan and then refinancing.

Choosing a location near LA, accessible by a short flight or drive, will make it easier to check on your projects.

@Allison Cutlip believe BP has leases for all 50 states and recommends RentRedi software.NOTE: the leases are very basic and short.

Conveniently located in Bryan TX, within walking distance to A&M Bus stop and a short 5 minutes drive to College Station, home to the largest university in the state, Texas A&M.