Purchase price: $516,000 Cash invested: $600,000 Converted mixed-use 3 residential and large commercial space into 5 residential units and one mixed-use Building.

I dont really have a lot of cash on hand (due to renos) and don't have any big loans or LOC to draw from.I have a background in civil engineering and have a good understanding of residential housing and construction.

Zoning Districts That Allow ADUsADUs are permitted in residential zoning districts and some mixed-use districts.

Getting one property and cashflowing it will be a challenge. you can try seller financing but you are still going to be highly levered which just enhances the risk that you are taking on.The best way to grow is to focus on managing your rental, saving money through your W2 and crushing that - if you are a realtor you will make more crushing it as being a realtor than over leveraging real estate - then save for down payment and buy slowly. its not a rush.

New to the community here My partner and I have are experienced residential investans and in 2024 we switched over to commercial.

Residential property rental: Could this be a scalable and profitable approach, or is it too risky?

I would spend money to enhance and update to current standards the search functionality and person to person tagging so it's easier to find stuff.

Property investors can anticipate appreciating property values and heightened demand in residential markets close to the new facility.

None of these communities will be changing to residential neighborhoods, although a couple do have residential 'sides' that full time residents live in and can not be rented short term.Two of the big communities that you will have some issues with self managing are Reunion and Margaritaville.

If you can get a better primary residential HELOC rate than you can a hard money bridge loan I would say yes.