You’ll need to treat it like a business—handling tenant management, accounting, legal compliance, property maintenance, and more.That said, when done correctly, it’s a powerful tool for building wealth!

Most everything else you mentioned has been fairly standard on my builds since the beginning.

Go straight into focusing on creative finance, subject to, and minimal cash down deals and build from there.I want to hear your thoughts on what direction to take here if you were in my shoes given these constraints (full time job and a few thousand saved) and you want to optimize for passive income first, then value appreciation?

NOTE: most property management software is designed so that any building with more than one unit is categorized as a multi-family property.

I thought you were building to sell.

I'm especially interested in hearing about how you've made a PMS geared more toward STRs work with MTR billing and leasing.I do remote operations support for an MTR/LTR company in Denver and am assisting with our tech stack build out. 

Hi Lynette,It’s great to have 20+ years of experience in residential construction, drafting, and design those skills will serve you well in flipping homes or building rentals.

Looking for some guidance on resources of how to begin analysis or how to build a business of this sort.

That is a great nest egg to build upon, and it diversifies your wealth.

Building a 4,000-square-foot, three-story duplex with a 1,000-square-foot ADU could cost about $1.83 million, including construction and permits (excluding land).