-how is management split among you, PadSplit and any other third parties?

My #1 fear going into this was partying guests disturbing neighbors and damaging the property.

So, just so I’m understanding correctly, unless the ADU has a driveway for parking of its own, then rent rates might go down on the actual house bc, essentially, the property land is being shared by different parties?

Hiring an assistant will take place once you have 75 - 100 doors, maybe more.

What about the second and third year when you no longer have the labor-intensive initial setup?

I recently hired them to clean up my credit with the intention to take a serious look into the MAP program.

Sounding redundant here, but if you are ever in the Conroe area, there's a meetup every third Thursday of the month.

They found it out, andI had to go to the planning board and zoning board, hire an engineer and architect to make the fourth unit legal.In my opinion, the realtor should have verified the zoning, and if you used bank financing, it's pretty rare for the bank to miss it as well.You are probably going to have to hire an architect to draw plans and to get it approved as a triplex.I wish you luck.

Don't solely rely on third-party management companies; instead, focus on building a solid asset management plan and, if needed, bring in experts or partners who excel in this field.

Building can be risky if you don't know what you are doing and who you are hiring.