You might find local meetups or online groups where you can share experiences and learn from others who have successfully navigated the process recently.Also, be sure to analyze the numbers carefully to ensure that the investment makes sense for you.

I asked the architect to stamp the plans so we can get the permit and he responded that he can't stamp the plans, and they shouldn't need them because we can submit the stamped site plan from the surveyor and his drawing together.

You can pass it on to the tenant or you can pay it. you should be following what every one else in the area is doing.

For those of who with properties there, what can you tell me?

Right now, I’m focused on learning as much as I can and taking steps towards getting my first rental property.

The fact that you bought it with cash gives you a lot of flexibility, which is key in a market like Odessa where real estate values can sometimes be unpredictable.Let’s break it down:Refinance and Reinvest:The rental market is treating you well, and if you pull out equity with a loan, you'll still have that income stream.

Can use some help here, as this is the first time we are super nervous.

My question is how can I access my ADU and Boat without having to contact the tenant. 

Hi Mike, This is not a new strategy many investors use this strategies as you can go up to 90% CLTV when applying for a primary Heloc allowing you to tap into more equity if you have it.

Can I do this without it messing up financing on a DSCR?