Adding your first property to an existing LLC is simpler than forming a new LLC and transferring ownership later.

What I love about ADU is if it's separate there is more privacy and less noise transfer.

Along with the FHA loan, check out the loan from the Neighborhood Assistance Corporation of America (NACA).NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.comI wish you all the best.

@Deonte HillInvesting in a condo may be a wise move, provided that it fits within your financial plan and investing objectives.

Your return on equity is very low based on those numbers provided so yes, some action needs to take place whether it be adding square footage, new construction, or 1031ing.

The road is not in, the water main not installed, the sewer main and laterals not installed, etc.Just having the engineering done, and the plan approved, adds significant value to the land, and makes it attractive to a developer who now, doesn't have to go through all that work. while in todays day and age yo would need all those approvals to create a paper lot.. back in the olden days paper lots were created by simply drawing them on a map with zero engineering they did survey though.. and there was no thought given to reality of actually building them or providing services.. 

This donation is tax deductible and we can provide a W-9 upon your request.

There's already post here with a response a few down that covers the types of forms that you should be using: https://www.biggerpockets.com/forums/49/topics/413352-private-lender---forms-requiredTypically, the lender (you) provides the forms after their attorney drafts them, but the borrower (your friend) would pay for the cost of doing that.  

If you are not happy with the service we provide, we can end our relationship or lease a sign’what do you think, should we sign a lease ?

Moreover, these claims do not qualify them as investment realtors because they fail to provide what investors need.