I wouldn't be the owner since my parents own the home and the lot that it sits on.That being said, is there any chance that I could still get tax deductions for building this ADU?

Hi Jindou,From a loan perspective, 2-4 units are a bit more favorable if you can take them down with an owner-occupied FHA, conventional, or VA loan.

We are helping our communities, business owners in our communities etc.  

I owner finance 100k of the sale and did a conventional mortgage on the rest of the home.

I couldn't believe it and a few months later met the new owner and he confirmed he put $750K down.

I'm the owner of a digital marketing company based out of Houston, Texas, that specializes in REI marketing, and now that I've been in business for awhile, I've noticed that Facebook ads are the better route for wholesalers getting started with my company than Google ads for a few reasons.

This could be a great property to have a tenant payoff over time.If owner-occupied 2 of the last 5 years, you could sell and pay no taxes on the proceeds.Where would you invest the money for a higher return?

I found an owner that bought three multifamily properties last year with the intention of renovating them, and then keeping them long-term.

The benefit of having a software is the ability for tenants to pay rent online, submit work orders, sign leases electronically, and the ability to complete end of year owner taxes. 

When I get to them, the home owner might think of me as his "fair-haired boy" and want to talk to me.