Depending on how you plan to allocate your overhead (for instance- if hours are you main cost driver), you may want to integrate with some other apps on the platform.You may want to speak to an accountant that has worked with implementing these types of systems (apps + job/project costing + class tracking) as they could help point you in the right direction. 

My main goal is to house hack my first triplex or quad in CNY.

Typically an ADU is inferior in size to the main improvements.

I'm also hoping to try out the BRRRR strategy in some of my future deals.My main goal is to connect with as many members on BP as I can and help others in their endeavours while learning about real estate investment myself.

@Jon Ankenbauer speaking from a lenders point of view, the seller carried seconds went out some time ago with most of the main buyers of mortgage loans.

My main questions are around how to structure entities, taxes, profit handling, and overall process.Thanks!

The vacancy rate is low which is very attractive as well.

They are all in stable neighborhoods composed of primary owner/occupiers in markets with strong 30 year population + job growth forecasts.Sources of risk come from a variety of sources, starting with (1) the market, (2) the property and location, (3) price you pay, (4) management strategy, (5) rental rate you set, (6) rehab budget, (7) service provided to your tenants and how strict you are with them, (8) your ability to attract and retain high quality brokers, leasing agents, inspectors, handyman/contractors/agents, etc, etc., (9) level of investment experience you have, (10) familiarity of the market, etc.As an investor, one of my primary responsibilities is risk management... my ability to fully understand all of the risks that I am taking and put processes/structures in place to minimize or control these risks.And if you are a successful risk manager, i have found that in REI you are able to mitigate the downside and generate returns that ARE NOT commensurate with the risks you are taking and do so by providing a triple win to your investors, your tenants, and yourself!

Home price increases are sharpest in these markets, while dwindling housing inventory in the lower price classes could be discouraging people from buying.”Here are the basic stats on single-family home sales for February 2018 for the City of Austin and the greater Austin area:About the local economy, Mark Sprague, state director of information capital for Independence Title, said, "While wages and jobs in the Austin area haven’t increased, the local economy remains strong and continues to attract new residents and potential homebuyers.

I have had my eye on a mobile home park here in Maine.