The entity structure we used was a limited partnership where I acted as GP via an LLC and then had investors who were LPs.

I cannot tell from your response if you recognize that the JADU must come primarily from existing structure space (small exemption for new construction for access). 

Would love to hear how you managed to accomplish this and how things are structured out.

It also has quite a few benefits over a similar retirement structure, the self-directed IRA. 

State Farm- no detached structure STR5.

You get a front row seat to how the deal is structured, what you like, don't like, etc.

You must have your contractor register with the City of Cincinnati and they will require proof of liability insurance and details of how their business is structured, but their is no GC license. 

@Leah R Grier So I went and looked at the Beaumont Zoning regulations and to the best of what I read if it’s in a Historical District it says you have to pay a $20 application fee and go before the historic commission and have a public hearing with your proposal of any changes to the structure and plans and color changes, use changes, etc. the same applies to the main building, any changes must be approved by the commission.

LLC structures do not provide any further tax advantages and, based on my CPA's opinion, are not as rock solid as some make it appear.

I own 9 rental houses which cover all of my living expenses. Along the way of acquiring those, I sometimes came across a deal that wasn't for me, so would wholesale it out to a friend or another investor. I'm consider...