Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Also looking for best practice guidance on the risk tolerance based on these numbers.

If it is working with subs, a GC license won't help that in any practical way.At the end of the day, it depends on what you are looking to achieve.  

- What are some best practices we should keep in mind to keep maintenance cost of the ADU to the minimum in the long run?

Good to see the city make some practical decisions.  

Networking is always a great practice and you never know who you might meet there and what good information they have to share.

It's successful in high-cost markets like Southern California but faces challenges like high entry costs and local regulations.

@Zach Edelman Lexington has a decent amount of STR regulations now with more on the way.

DFW AirBnB is getting expensive to operate and find good deals due to all the HOA regulations that are being implemented..If the property won't cash flow in LTR, then your option is limited to listing it, but I don't exactly know without looking at the numbers, as you can figure out some month to month strategy to lease the unit for a while.One thing that I always tell my clients is that when you are doing AirBnB or any STR/MTR, you are entering into the hospitality industry.

What are some practical actions I can take to get started?