If one tenant has been in there for that long, there will also be some serious capex and turnover costs.

You want to make sure that the developer can perform and that the type of development proposed is needed in the market and that the neighbors don't oppose the project.

IF you are going to down that path, focus on building relationships with key investors in town and top performing CRE agents.

It doesn't take long to learn how to spot a good deal.6.

Remember this is a marathon......That said are you planning to flip, hold(short or long term?)

This will be an excellent home for a starter home, small family, long-term rental, and definitely a really cute AirBnB.

The Norris Group has a hard money ADU loan, but it's short term (3 years). 

They pile up fast.If you’re serious about long-term wealth building in real estate, protecting your portfolio is just as important as growing it.

My passion lies in expanding my portfolio of long-term rentals and diving into property flipping as I grow in this journey.My main goals are to connect with like-minded investors and professionals, share experiences, and soak up as much knowledge as I can from this incredible community.If you’re based in Georgia or working on similar projects, I’d love to connect and hear about your journey!

I'm interested in flipping, and short-term rentals at the moment to build good cash flow, then pivot into more of a buy-and-hold/appreciation play 10-15 years from now.