One lot has a 2 bed and one bath cottage that was an existing STR. 

To deter the break-ins you need to have window coverings on all the windows, a light on and not advertise that the unit is vacant.

Hi all,I have a 2 bed/1bath, 900 sq ft home that needs a kitchen renovation.

How many beds/baths?

Hypothetically, if I found a property with strong rental demand, the income could cover loan payments, operating expenses, and generate a modest positive cash flow.While this example involves upfront risks, the idea would be to leverage my father’s expertise as a contractor to minimize renovation costs, boost the property’s value, and create a long-term asset that appreciates over time.

Thank you Brian, I really appreciate the feedback and this is what I will do.My plan is to get a job when I graduate to not only get that experience but also cover my livign expenses while building a portfolio on the side.In terms of buying my first deal, I haven't been able to move the needle because, where I am, for example, small multifamily is trading at around 5.5% caps and rates are 6.5% .

As noted, if your options are Reg D, private offering vs fully registered public offering, even if you are talking Pink Sheet (OTC) stocks, you have public filing costs, annual audit requirements, and likely more on-going expenses that have to be covered by the property(s) owned by the offering.  

I will PM you my rep -- they are in Indianapolis, but if they don't cover your territory, I am sure they can send you contact info for someone. 

There are companies such as Cover that offers a full service ADU deliverable from design through construction completion.

I'd look at the closing docs for something related to the pro-ration of expenses etc and see if you have anything there that could be a clause you point to for them to cover those payments.