I am by no means a lawyer or CPA so take my advice with a grain of salt....but we personally do flips in one LLC, and rentals in another LLC.

So homes with ADUs sell for more, and the appraisals have followed pricing for four+ years now.I personally know an investment group that targets neighborhoods, mostly in the San Fernando Valley, where comps with ADUs are outperforming non-ADU comps so that they can refinance out the value created by their ADUs.

House-hacking today often has to rely on much greater lifestyle sacrifice than what I personally did 10 years ago, and requires strategies that would make me uncomfortable like rent by the room, or using local laws that allow Short-Term rental only for owner-occupants. 

I've listened to a lot of @Jesse Vasquez's content and my plan would be to develop relationships with agencies, hospitals, corporations, and other businesses to 2-3+ X my revenue and hopefully create long-lasting partnerships.

@Stephen BrossardWhen deciding between investing in Michigan or Florida, it really comes down to what you personally prefer and what your goals are when it comes to risk.

Secondly, GC's can generally get better pricing from suppliers, and unless you have a strong relationship with your subs, they may disappear for a higher paying job in the middle of your project.

Would our personal mortgages count against us for a cash out refinance?

Hey @Reuben Pena - Man I feel you as well - I have dealt with city violations personally and for many clients. 

Being an agent is all about relationships (and knowledge of the area).

Personally, a developer bought land next to us and tried to clear a portion of our land along with his, said the line was unclear and he'd dispute it so best to let him proceed, but he backed off once he knew we had our survey and owners title and would make a claim.