Hello BiggerPockets Community,I'm new to the world of real estate investing and am looking to start my first LLC to better manage my properties and protect my personal assets.

So, I borrowed the money from the person that stayed in my first house as she had just sold her house and made a fair amount of money off of it.

Originally I wanted to operate a personal care home, however would much rather rent the home to an operator with hopes to negotiate higher rent.

Tampa Bay has been experiencing significant growth and change, and I’d love to gather insights from this knowledgeable community.How do you predict the Tampa Bay market will perform over the next five years?

"Who really knows, we thought life was completely over when Covid hit and it was the best years in terms of growth.😂 LolThe market ebbs and flows.

I would like to work with more private money lenders because the costs can be a little lower, when there is not as much overhead involved, such as their office space, HR person or department, payroll processing, etc.

But 1500 per month isn't that expensive if it helps you motivate, analyze, close and properly operate a self storage business it was just an investment in your growth towards your goals.

without getting into the question of any particular real estate 'personality's" success, or lack thereof, I can unequivocally state that the "rules" change in each differing economy.  

If you are using a DSCR loan, your personal DTI will not matter.

If the ADU you're proposing is the make-or-break between this deal penciling out or not, AND if it is pivotal for your plans that it be the height that you are planning, I would personally advise you to abandon this deal.