Hypothetically, if I found a property with strong rental demand, the income could cover loan payments, operating expenses, and generate a modest positive cash flow.While this example involves upfront risks, the idea would be to leverage my father’s expertise as a contractor to minimize renovation costs, boost the property’s value, and create a long-term asset that appreciates over time.

My goal is to live in the home during the winters, maybe 3-4 additional weeks for vacation, then rent it out to help cover the mortgage the rest of the year.  

To deter the break-ins you need to have window coverings on all the windows, a light on and not advertise that the unit is vacant.

As far as rate is concerned, you can usually go about two points over the current rate (less closing costs for a seller financed deal so there is no real expense there) You need to make sure the borrower can cover that.

There are companies such as Cover that offers a full service ADU deliverable from design through construction completion.

The Mastermind is a fraction of the cost of most seminars and really just covers the cost of the experts we hire to serve the community. 

No amount of insurance covers the personal loss.2.

Partner Driven covered 100% of the financing, including the $220,000 purchase price.

Use tools like the VA loan for house hacking and your Basic Allowance for Housing (BAH) to cover living costs while building equity.

Which BTW most of our closings are subject-to the existing financing, so we have little cash into the deal, just the arears and the closing costs.You find NOD and pre-notice via;   realtytrac.com / equitydepot.net (if they cover your area).