The method for calculating property tax amounts for rental properties can vary depending on local tax regulations and practices.

Seasoning is just an industry term for waiting period to use the improved value to pull out cash. 

Unfortunately, as you probably have found out, the rules and regulations are not necessarily clear on owner occupancy. 

Real Estate can be tricky to navigate but when you do it's one of the most fulfilling and rewarding Industries to work in. 

Are there specific renovations or improvements that have proven to be more effective in lowering insurance premiums?

I understood back then that for me to build and scale the business, I needed to always make decisions based on numbers and not emotions, and that's one big reason I've kept myself in the industry now for 4 years.I see a lot of people getting too emotional after their first proof of concept, and most of them are not in the business anymore.

The golf sim will help garner more bookings but I do not think you can count on it to generate a specific amount of revenue.The ADU I would get real world prices on cost from a GC and then calculate the return based on other units with ADU in your area or if no comps you can get an idea by +1 the bed and bath and looking at larger comps in your area.  

Before making any decisions, it's crucial to consult with a legal and financial advisor who can provide personalized guidance based on your specific circumstances.

Combine the pressure on returns with a significant portion of the labor force leaving certain industries during the pandemic and not returning and you've got massive upward pressure on prices. 

Maryam,I am over here in Pinellas County by the Gulf Beaches are you loooking in any specific counties?