, maintenance (5%), and PM (10-12%) if you choose to not self manage. 

If I were to start my business over, I would definitely choose the path that offers quicker financial rewards.

If you opt for the second option, you’ll need to coordinate more closely with multiple subs, which could be time-consuming.It's crucial to have a team member overseeing the project, even if you choose one GC.

SFR with ADU is no problem. but if you're considering adding an ADU to a multifamily property, consider the limitations you're creating on your back-end buyer if you decide to sell, or your own financing if you choose to refi. 

This takes a little more work, but it's the fairest and reduces the likelihood of tenants that squander utilities.If you choose #2 or #3, there are considerations:Start with an average.

IF you choose to invest out of state, don't pick a random market. pick one you have ties to or know well or can drive to or went to college in or hope to move to eventually or like to vacation in or where you have two handy uncles. 

5 - What will the quality of the exterior finishes you will be choosing?

My recommendation would be to choose potential markets - in several price points - that have strong rental demand and year-over-year rent increases and that also are in markets that are appreciating. 

I thank the New York Stock Exchange for choosing Texas.

@Mike Lambert recently posted about how a guest thought the hide-a-bed couch he has wasn't comfortable so it is important to choose one that is great to sit on.