Additionally, if you decided to STR/MTR your ADU, you will have higher turnover (with larger profit margins), meaning you can keep a closer eye on your unit for maintenance and upkeep.Please remember that every investment decision should be based on thorough research and understanding of your personal financial goals and risk tolerance.

The following is based on my personal experience and is my opinion; it may differ substantially from othersAttending seminars, boot camps, introductory lectures, etc., put on by people trying to “upswell” mentoring services, is the singly WORST thing you can do to launch your real estate career.  

If you form an LLC you can use hard money for rehab projects or DSCR 30Y rental loans for stabilized rent ready properties.

3 for now I have many contractors and PM in place, happy to help  Hi Bob, thanks for the reply the property management company is the one I have been struggling with finding  the most so would be super helpful if you had any strong recommendations I could vet You need contractors as well TRUST me the ones you have spoken with and think they are what you need, 99.9999% of the time just kiss your money goodby, I am not speculating. 

I would think in deed states, normally takes way more money to play up front.All this is pretty much just a guess. 

Personally, I use ReoLink. 

Some cities in MI have this but there is always the alternative that if you do not live within X distance you need a local rep/manager or person for them to know about and be able to call.  

How is private money lending currently influencing the real estate market?

There's a lot of money in it.. plus as we discuss constantly on the forms both of the other big names have issues with the way that they treat their hosts.

You may want a separate spreadsheet for personal tracking, but that depends on what you are trying to accomplish.