In addition to being illegal, if we had not caught this, (thanks Diogo!)

.- Value add - How much does it cost to build additional storage units?

In addition to other tax strategies like a cost segregation study on the fully rented out house.

Here is a list of what adding ADUs in my CA market is typically a poor RE investment:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

Another option would be working with private lenders to see if they're open to your idea should you need additional funding. 

Additionally, when a problem arises, those problems get addressed and all parties involved are updated.Being a property manager is a hands-on / high touch vertical.

However, the concept of a virtual office is a very useful tool that provides a professional fiscal and commercial address, as well as additional services such as mail handling, meeting rooms, and phone assistance.

In addition, you still need to meet the IRS requirements for material participation in each property or elect to group themBased on what you say it sounds like it would be challenging for you and your wife to meet these requirements unless she gets involved in more real estate activities that qualify for REPS hours. ...

Pay attention to the duration.DM me if you want additional thoughts.Jeff

In addition, suncoast will charge you a 1 month rent just to get the property filled, so you are already starting off massively underwater.