If you have a decent equity position you can do a HELOC on the property to build the ADU.

I would replace it, in my personal opinion, for quite a few different reasons—happier tenants, less stress on you, etc.

This way the property is owned by the LLC even though the borrower on the debt is you personally.

@Courtney HamiltonRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Inventory has held steady around 5-6 months for some time now, with roughly 11% more active listings on the market last month compared to September 2023.

Congrats on taking this huge step in your RE investment journey!!

Old school ledgers and rent rolls written on notebook paper...

What are the numbers on the property?

Hey everyone, I’m a realtor focusing on fix-and-flip opportunities in San Antonio and Austin.

I would assume asking proof of income on something like this is not unusual to request in a sale.