Even though it requires more work and strategic thinking, we are able to double our money every 3-4 months with enough opportunities present to scale quickly instead of tying ourselves down to a few properties that will appreciate consistency over time.

What we can do with the property (addressing deferred maintenance, strategic upgrades and improved management) determine if the property is worth pursuing.

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck and let me know if I can be of assistance.

I've been spending my time reading the forums, books and listening to podcasts.There's a lot going on in both companies we work for and I think that within 6 months we will either be on another corporate job, or trying out Real Estate.I live in CT now, but in order to extend my stay in my current job, I will strategically be moving to Plano, TX.

A CPA is 100% the person to give you a specific answer on that and iron out the best way to strategically execute. 

I haven’t checked to see if there have been many ADU properties sold in the past year or so in the Minneapolis area, so it may be a non-issue, but it’s always worth it to keep in mind that an appraiser is paid to formulate a data-driven opinion (opinion being the operative word here).

I invest myself and typically I look for solid employment centers and areas that would provide mid to upper mid tenants (upper end are a bit too fussy for me) and the lower end are a bit to high touch for me.If you buy a home its good to plan how this purchase will not only achieve your short term housing goals, but possibly how it will fit in the overall long term strategic plan as well. 

Many people keep it simple, but there are a few on BP who use advanced strategic structures.

This will allow you to formulate the LLC during the inspection period. 

I know enough to know there's a lot I need to learn, and I need to be cautious and strategic in the direction I follow.