This has been working very well for me, so really spend time honing your niche.3.

Here's the math:($3200/month x 12 months) x 18 GRM = $691,200It would probably cost $250,000 to build those those studio ADUs -- so in addition to the cashflow return on that investment, you also immediately make about $440,000 in equity.So, yes, Arizona has cheap doors and landlord-friendly laws, but if you understand LA ADU ordinance, the opportunity right now is in LA.

I can make far more money just doing self storage and not have to deal with investors.I spend a lot of time answering questions on BiggerPockets.

However, concerns about inflation and the broader national economic policies continue to influence consumer behavior, with a trend towards more prudent spending and saving habits observed.The economic outlook for Raleigh in 2024 remains positive, with growth expected to continue at a healthy pace.

Instead of just taking out the $100K + $30K of HELOC to pay for the $100K purchase price + rehab, I take an additional, let's say $20K from the HELOC and transfer it into the LLC business checking account and consider this my "Holding Reserves" in order to pay off the month interest - only HELOC payments until the house sells.

Why not have 30 additional people assist?

Strategy 2 is less risky in the short term but might require additional investment later.Ultimately, the choice between these strategies should consider both the financial implications and the investor's personal objectives, including risk tolerance, investment horizon, and the importance of generating immediate versus long-term value.Best of luck with your decisions - these are good options to have  😊Have a great weekend,KC 

I.e. a prospect has a background check that under the owner's screening criteria says it may require an additional deposit, the owner must communicate with that prospect regarding that you may not do so.   

The owner had to spend about $25k to get this much for their condo.  

So, you may need to read all of the changes that have made to the ordinance which may appear at the end or in additional separate documents.