It's critical to to get references and work with BB&B-accredited and fully insured companies when this amount of money is involved.

If your quote is that high it better involve a bigger SOW or other exterior repairs as well.

It's definitely more intimating and involved than a rental could be, but you may be able to make a lump sum of cash in 6 months or so that you could use towards other investments!

To answer your question, You would need to get an attorney involved and just issue a mortgage and note along with having a will that your daughter would inherit this.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

Matthew, if you’re considering investing in syndications, just be sure you really understand the risk involved. 

With short term rentals, you tend to take a larger cut as there are many things involved in the day to day upkeep, think 12-25%.

We do not get involved with their disputes.

Talk to local property managers, investment agents, and others involved in in the real estate in the area.

This could involve adding new information (e.g., embedding a link to a ski shuttle schedule) or setting expectations (e.g., noting that there’s no A/C, which is an rare amenity in our climate anyway).