I have just read through the four years of this thread and found some great tips, thank you to the OP @Thomas Youngman and all the content others have provided.

im looking to get into a house hack in either there or venice, or even palmetto, still just looking but would like to be educated when i do decide to make the move, any tips are appreciated, also if you need any help let me know!

I intend to rent out the units by room to college students (does it sound like this would work in this area and what are some general tips/things I should look out for?).

I don't disagree that it is a good tool for someone just starting.Now, should folks be using such tools in the first place?

Excel is a necessary but highly inadequate tool to evaluate a property.

You can stop, regroup, wait on your DSCR to improve....or you can keep going by using another tool in the old tool belt.

There are no tools or anything automated to tell you what is going in the various municipalities.

@Sebastian Nadal for background checks, I use stessa/rent prep that’s available to us through biggerpockets tools.

They must sign the form.The IRS offers an online tool that lets you check if the tax ID the contractor gave you matches the IRS records.

Do you have any tips on how the construction of the ADU+JADU could be financed?