If this is a long term buy and hold, then building a 1200 SF ADU would likely be the best bet as you don’t have to pay for any new dirt/land.

For the area you're looking at, I'd say $1800-$2000 is a good bet...possibly higher depending on the level of finish.

Hey you all,I’ve come to the conclusion that getting a hard money lender will be my best bet first my first property and probably future investments as well.

I'm looking to start investing on this new FinTech real estate platform called Tellus.

Best bet is to list it with an agent who only deals in rentals and works at a brokerage that handles a large amount of property management.

In California, it might be a minimum $5/ft.I'd say your best bet is to partner with a seasoned investor your first 2-3 deals.

Oh, I bet.

It is very easy for the IRS to track down how many days you are renting the property based on income and records from platforms like AirBNB.

I wouldn't calculate this into every month because if I had to put money on it I'd bet it doesnt snow in SD from June-Sept.- Im assuming this is billed directly to the property owner (you) from your local municipality or county.

I don't think they communicate a lot on meetup but they might list a FB group or other group platform you can join.