And its ever more crucial as insurance guidelines only seem to tighten and premiums rising here in FL.

Building up a team in the area you are thinking about investing in is crucial!

Time management is going to be crucial.

We have been going to OBA / GS for 10 years and know the area well.  We are considering a STR there, but in looking at properties it seems things are still a bit inflated.  There seem to be 2 groups: 1) Those who boug...

Please share the contractor's name and contact information.Reliability, quality workmanship, and a good understanding of local building regulations are all crucial aspects for me, and I'm eager to find a contractor who can bring my vision to life and ensure a smooth and successful renovation process.Your input means a lot to me, as I trust the judgment and experiences of the members within this community.

I have been trying to read a lot, study the market, listen to podcasts, etc...Long story short, my wife and I purchased our first home in 2019 in Orange County, CA and are coming up on our two years here this summer.

Connecting with an investor friendly agent in the areas you are targeting is very crucial.

@Balaji Devendran A garage conversion to ADU in Orange County is running between $90-150k right now.A new ADU above a garage is more expensive...probably around $450-500/sf.In order to determine how many ADUs you can build on your property, you need to either go to your City's Building/Planning Department and ask them or find a local architect/designer who knows the city's ADU guidelines.If you want to DM me...I can provide you an ADU resource guide for all OC cities and some OC contractor recommendations. 

So insuring "above" it is apples to oranges. 

None of those questions really tell you much, but how quickly they respond, what their response is (how verbose) and the overall feeling you get.If they don't get back to you quickly, if they answer in single words (NO) or don't respond at all, it gets my agent orange up.