It would be great to hear from a wide variety of folks on what issues they face, processes that slow them down, or any other problems that if they were automated, they would benefit greatly from.More than happy to provide insight into these areas.

You can find the best cash flow in areas that are hard to be a landlord and on homes that have deferred maintenance and tenant issues so that should not be your main focus.

However, the issue I have is that I only have 1 year of solid income from the business, the year prior to that is inadequate, and I know most mortgage companies require 2 years of income to qualify.

I’m active duty Air Force and ran into the same issue at my last base.

I have cash on hand and no issues paying 25% down. 

Hi Michael,It is great that you are doing this together, I read some great tips on here, something I wanted to add:I have been checking a lot of 2-4 units, in the past it was not easy to find them in good areas.During COVID, a lot of investors decided to build these types of units which is great, but not all builders are great, I had a client, he purchased 2 duplexes in the same area, we had some pricy maintenance issues, one was with the plumbing.

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The answers to those questions will help you determine how DIY you want to go, and how much you can leave up to chance.I can't post links here, but for more, please google:"Why you need an experienced ADU builder" - case examples where cities asked for tens of thousands of dollars of work, or flat out would not have allowed an ADU project, except for knowing when to push back"ADU sitework & utility costs: 10 hidden costs" - dozens of costs you need to account for on your ADU project that I promise you haven't thought of and no one else will tell you about"How to find ADU builders" - compares DIY route vs. other options, plus more on what to look for in a good contractor

https://www.car.org/-/media/CAR/Documents/Transaction-Center/PDF/QUICK-GUIDES/Quick-Guide--Cannabis-Marijuana-Issues--Sale-of-Residential-Real-Property-revised-22822.pdf

@Dominick Tonnarini, The only issue with your plan is that you will have to pay a sizable tax on the sale of that property when you do sell.