One of the main reasons is that it is harder to avoid a taxable event at exit, even if you want to exit but still own/control the underlying property.

Here is a break down of all three:First disbursement is for demo so it's relatively small given it's mainly for labor.

Because everyone will list all the main ones I will go with what I think is the best although it will likely be considered an outlier.

What’s the minimum I need to do to sell the main house and extract the most value out of the land that’s just sitting there right now!.

That cost *should* be factored into every lease because no tenant is going to live there forever.These things are a symptom of not looking at rental properties as a real business. 

If the house has sat on the market for more than a few days I would question what factors are scaring off other investors (bad area, foundation problems, extremely high repair costs, etc).

Employment PracticesWhich ones you will need and at what limits will depend on many factors. 

My main hurdle right now is securing financing as I am OOS and do not know my options for who can offer a new construction loan.

The way this area has been appreciating and is expected to continue is the main reason I'm so interested.

I’m looking into alternative methods to house having and MFH run for $700k+ out here.At the moment, I live in a detached garage converted into a 600sf 1bd/1bth.Since the 700k price point for a duplex with max 3bd/2bth unit to rent it out of question for me, I was thinking of the possibility of picking up a smaller house with the possibility of converting a garage or building a separate addition that my wife and I would then be able to live in while renting the main house.I know CA is becoming very favorable towards ADU’s now a days and was wondering on if this could qualify as a primary residence for myself as well as me be able to use potential rental income for me to be able to qualify for a loan.Still new to BP and REI, I couldn’t find a google answer on this, so any help would be appreciated.Thanks!