I also used a mobile app called Clarem to build my investment plan and keep myself true to my goals.

I just started thinking about selling it because of the new local rental/landlord law in Concord, and there is no more depreciation.Plus, I am thinking of maybe it will be nice to have a vacation/rental home in HI too and not worry much of maintenance if the building has maintenance and manager in house.

It's great that you already have an agent connection, but It will take time to build those other trusting relationships and familiarize yourself with a new market.

Having bought in HOA buildings, I will never do it again.

The play would be to wait a year and a day, demo the property, build a small box, spec home, and sell to an FHA buyer.

@Clayton Silva Would you mind sharing more details around how he gets adu build cost that low?

Can I 1031 the 1 commercial (cannabis) retail building and purchase 20 SFR?

*This post does not create an attorney-client or CPA-client relationship. 

I currently own a retail building I purchased years ago. 3 years left on the loan with a sub 4% interest rate.

They need positive cashflow to help them build/maintain reserves for the downtimes.