Hi all,I purchased a 3-unit multi family back in December 2019 for roughly $315k.

For example­, rent out rooms to roommates, occupy one unit and re­nt out others in a multi-unit property, or use Airbnb re­ntals.Join local real e­state communities, connecting with inve­stors, agents, and lenders.

It includes a primary residence, as well as a detached garage/storage area in the backyard that I am looking to convert into an ADU (Accessory Dwelling Unit).

Investment Info:Small multi-family (2-4 units) buy & hold investment.

We are about to close on our first triplex and need some minor work done in one of the units. 

., one unit of a duplex, top floor of SFH) will need to be a LTR for the co host?

I wouldn’t necessarily give up on your idea to add an accessory dwelling unit to your property.  

It does not.Here is the complete, relevant statute (as amended):"Real estate broker" means any individual or business entity, including a partnership, association, corporation, or limited liability company, who, for compensation or valuable consideration, (i) sells or offers for sale, buys or offers to buy, or negotiates the purchase or sale or exchange of real estate, including units or interest in condominiums, cooperative interest as defined in § 55.1-2100, or time-shares in a time-share program even though they may be deemed to be securities or (ii) leases or offers to lease, or rents or offers for rent, any real estate or the improvements thereon for others, or (iii) sells or offers to sell, buys or offers to buy, or negotiates or otherwise deals in real estate contracts, including assignable contracts, on two or more occasions in any 12-month period.The newest language (in italics) refers to individuals or entities who DEAL IN REAL ESTATE CONTRACTS. 

Investment Info:Small multi-family (2-4 units) buy & hold investment in Waukegan.

Rent is $1,000 per unit, per month, properties appreciate 5% annually. 10 years go by: Plan Ramsey, you got $120k in gross rents but as it's all taxable you were left with just $80k of that and $162,889.00 in equity.