Think whether this ADU makes sense financially for you, and should you also get tax benefits, then it's a nice bonus.

Negotiating with the current landowner is possible, but the terms and potential costs are critical considerations.

After listening to the podcast for over a year and finally graduating from college with no debt, I think it is time to take my first step into buying my first property by the end of 2024!

So, I went ahead and registered for TPT thinking it is just a matter of 6 months, till the end of 12/31/2024.

And if you're wondering, the mentorship program we're part of is Think Multifamily with Mark and Tamiel Kenney.

I believe they stopped using knob and tube wiring sometime in the 40s.Roof - Of course in that amount of years, most likely the roof has been replaced at least a couple times, but this is also a big ticket items to look closely at.Plumbing - I think it was sometime in the 80s when PVC pipes were starting to be widely used.  

I also was thinking of purchasing the home and converting it to a group home.

I think these tips can apply for lots of vacation rental markets.

Well, when it comes to filing taxes I usually don't rely on the kindness of strangers (especially when they have no liability), but if you think getting a lot of replies (some conflicting) will help you make up your mind - Have at it.Honestly, am not trying to be a jerk (as you can see it comes naturally), but your tax guy is the best liability shield against the IRS you have. 

I don't think an app is necessary.