Acquisition using cash, leasing up the property, and selling it to a traditional financed buyer is one of the most effective methods of value-add investing in the MFH space.

I wanted to see if brand new to ~5th acquisition people in the space faced similar issues and figured this would be a great place to start.

The category in the rental space I'd like to zero in on is multi-family homes.

I'm wondering if anyone knows any good contractors able to convert garage space to an adu according to city permit specs for a house in Long Beach, CA.

I'm wondering if anyone knows any good contractors able to convert garage space to an adu according to city permit specs for a house in Long Beach, CA.

Meet People with Experiences Similar to Your Own: There are many organizations (both free and paid) out there that you can join such as BiggerPockets forums, local real estate meetup groups, The Entrepreneur's Organization, your local AICPA group, etc. that gives you a place to receive advice, guidance, problems and ideas.Utilize the R&D Tax Credit: Your business could receive a 10-20% refund for employee labor that’s associated with improving a product or process.Utilize Employee Retention Tax Credits: If your employees that worked for your business during the pandemic are retained through the end of 2021, your business could receive up to $9,000 each quarter that your employees were retained.Own Your Own Office: This would allow you to have multiple tax deductions, utilize depreciation, take advantage of appreciation of the property, as well as allow your company to rent out any unused space to help pay the mortgage.Take Advantage of Energy Efficient Tax Credits: There are many opportunities to take advantage of these credits such as updating the HVAC system, installing energy efficient lighting, etc.Perform a Cost Segregation Study on Your Property: This would allow your business to immediately write off the personal property within the building.Utilize Work Opportunity Tax Credits: If you hire employees from groups that typically face a barrier when it comes to employment such as people with physical or mental disabilities, veterans, etc. your small business could receive a tax credit while also helping the underserved.Use the SCORE program: This program is free and connects you with resources, and mentors and specifically focuses on helping small business owners excel.

I'm currently under contract for a property (first time buyer) that has a duplex and a garage that was converted into an office space.

Now that the design process is done, I am needing to build the space out per their construction drawings.

They could then pack dozens of guests into warehouse spaces.  

Assuming the maturity ties in with your refinance; I have a few connections in the hard money space that may be able to assist.