Any investors in the Houston area with experience in building an addition for a home to increase square footage and add value?

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While I'm not a legal professional, here are some general considerations that might help guide your decision:If there are any legal problems pertaining to the property, an LLC might offer an additional degree of protection for your personal assets.

If there's a huge jump between 2022 and 2023, that'll count against you (the 1099 income will be heavily discounted because it's inconsistent).

Additionally they might want owner finance with some down for the business, building, or BOTH. 

In addition to being a college town, the business industry looks positive.

If the in-place rents generate don't generate enough cashflow to cover your debt service, you'll want to plan to bring additional equity to the deal to cover the shortfalls.

Additionally, alternatives like real estate crowdfunding or investing in RE mutual funds offer diverse options.

What's your thought on addition?

However, turning tax lien investments into a steady income stream is less direct than other strategies and might not quickly replace a $7,000 monthly income.Mortgage Notes: Investing in mortgage notes can provide a steady income stream if you acquire notes at a discount.