Also, if there is room for an ADU renovation, with the new laws, someone is going to pay more and put more units back there if they can.

It sounds like the idea is good for more of a SFR, or a 1-4 unit rehab but my concern from a lender's perspective is the needed experience in the more 10+ unit space to give "normal" (80% leverage) on a deal like this. 

Section 8 can be a great way to fill a unit rather quickly as well as generate income! 

I was thinking about getting a 1 bedroom for myself and then having 2-3 other 1 bedroom units for renters. 

Investment Info:Large multi-family (5+ units) buy & hold investment.

Conservatively, I would plan on 12-18 months of lost rent (before rehab) and a signifcant amount of money/time to turn over the unit. 

Hi BP Community - does anyone have attorney recommendations that can assist (or prior personal experience) in Wyoming with self-directed IRA LLC formation?

That's where you buy a 1-4 unit property owner-occupied.

@Nathaniel LinnSecuring your househack now could work if you can time up having one of the units vacant to move into next year. 

We believe we can build for 200k a unit (very inflated number, most likely lower but using a conservative estimate).