i was hoping to sell for more, and i ran into a last minute issue that consumed my contingency.the best way to get cash flow is some combination of off market + a creative strategy. 

The heat we control remotely, so there's no issues there.Make your life simple and easy, just up the rent to cover the heat & w/s.

Roatan, being in the Caribbean, has the same issue with sargassum as the Riviera Maya or the Dominican Republic.

That means you can grow faster with larger deals/more units.

@Will Grabert, Yes, those are great issues to address!

Starting a solo 401k is not on my radar at this time.My intentions are to invest the SDIRA only in larger limited partnerships. 

However, you may have other issues to deal with.

I would hate to see you get it and they move out the following month because they are on a month to month lease thus removing your income stream right out of the gate.I would get an inspection on the property to make sure there is not a hidden issue of Black mold or asbestosis and such problems as maybe a leaky roof.

I truly don't know, but if the gut is extensive and you are going to hire GC anyways, it might be worth throwing some numbers around to see what you can get.It has had termite and rodent issues for years. 

I know the permitting and building process is way easier with ADUs, but I would assume that it's much more difficult with single familys.I will be acting as my own general contractor (currently waiting to be issued my remodeling contractors license).