Hi folks, we are looking at potentially retrofitting an existing SFR with sprinklers in Seattle (city code might require for a new backyard build).

Rental properties can indeed provide a steady income stream, and it's fantastic that you're exploring this avenue.Here are a few considerations and steps you might want to take as you move forward:Market research: Keep looking at possible multifamily buildings in the Augusta, Georgia region.

And, if I buy it with the LLC immediately, do my in-laws need to have a rental contract or can they just live in it?

This builds trust.  3) At least in our area, our MLS allows a contract to be listed for sale. 

This builds equity.

Hi there - my husband and I are preparing to build our new house (on land we already own). 

I want to be in the community and build connections.

As the local governments struggle to manage tax payer money responsibly, they should really offer incentives to private builders to build "income restricted" at a much lower price. $220-$300/ft for vertical build costs.  

In that way, you can always get more time by saying "I need to check with the owner/partner and will get back to you"3) Look around for several service people/contractors.

I'm planning to build a second house on my property to be used as a long-term rental.