I recently completed one on a multifamily property and found it to be a cost-effective approach.That said, there are a couple of additional factors to consider beyond the code differences between a garage conversion and new construction:Coastal Overlay Zones – If your property is in a coastal overlay, building a ground-up ADU may require Coastal Commission review, which can add time and complexity to the process.

If you prefer to stay local and build equity, house hacking a duplex or triplex in Fort Lauderdale could work, especially if you can add an STR component to boost income.

Build a strong brand, leverage content marketing, and establish a personal brand to attract investors and build credibility.

Could VRBO users from Michigan provide some clarity about the topic of sales tax/lodging tax collection and payment to the state.

I'm looking to build a fix and flip business and I need a ton of knowledge. 

I'm looking at building a 13-acre glamping / camping site about 75 minutes north of Manhattan in the Hudson Valley.

Since you are renting out part of your primary residence in Maryland, your main concerns should be liability protection and tax compliance rather than complex asset structures.

If a qualified nonprofit builds the ADU, it can be sold separately from the main home.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Warren Buffett’s Berkshire Hathaway, Donald Trump’s luxury hotels and skyscrapers, and Oprah Winfrey’s Montecito estate, "The Promised Land," all reinforce the undeniable power of real estate in building generational wealth.My journey into real estate was far from conventional.