It's great that you're willing to do the buy-and-hold strategy and ride the appreciation wave.

A lot of investors get excited and will find a private lender to fund a project but then never determine what there exit strategy is, or in most cases underestimate the time it will take to complete the project and sell it.

Don't take my word for it, take some time to read what others are saying.Here are some links to many other BP forum threads discussing RTR, TK, BTR, financing options, investor wins & challenges, etc.To your success,Zach ---https://www.biggerpockets.com/users/ZacharyCole/referenceshttps://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-reviewhttps://www.biggerpockets.com/forums/92/topics/1116050-a-huge-win-with-cori-from-rent-to-retirementhttps://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-dealhttps://www.biggerpockets.com/forums/88/topics/1047543-big-profits-from-new-construction-sfr-build-in-cape-coral-flhttps://www.biggerpockets.com/forums/92/topics/983659-first-investment-property-with-rent-to-retirement?

It is also my moms primary residence, she lives in the garage ADU.I don't even know how to get started on our tax strategy, please help! 

Utilizing house hack strategy.

Hey Francisco,Looking for experienced borrowers who have executed at least 3 transactions in the strategy they are looking to borrower with in the last 2-3 years.

What's going to be your strategy for getting your leads?

There are risks and challenges with any investing strategy, so it’s good you’re looking to find those out on the front end but don’t let that stop you because most of it can be avoided with following good advice and adhering to sound investing principles.

Luckily I cut my losses but sure didn't feel like a win!!

Embrace this win-win opportunity and unlock your rental property's full potential with CityFHEPS tenants.