For the last couple years I have had losses on my tax returns from passive rental real estate activity.

I can sort out the financing and willing to pay a commission or have some kind of agreement to pay this developer mentor for his semi-active guidance on my first (and if all goes well) subsequent projects. 

You see OM's all the time touting the parent companies etc. but if they are not on the hook for the lease it means nothing.I do not mind local to regional tenants at all IF there is a personal lease guarantee with substantial net worth behind it.

The most important thing to keep in mind is to first identify a strategy, choose a market that aligns with it and establish your Core 4.

Keep in mind getting it to current HUD standards will still not make it qualify for traditional lending if you end goal is to sell it. 

Awesome man thank you if you don’t mind me asking where are you investing and what strategies have worked for you.

AirBNB is really a hospitality business more than a REI activity (it just uses real estate).I like long term rentals most because it provides predictable, stable income and that suits me and my wife better.

No they won't mind because you're paying them a fee for their services up front.But.....you'd better check your local regulations first before you think you're going to do the work yourself.

Just keep in mind ADUs are getting around $50K in value for an appraiser (and may deduct $10K in value for not having a garage). 3.

Please keep in mind there were ummm, "irregularities" in counting the votes the last two elections and this is what  happens.