Hey BP family,I am new to real estate investing but would love some experts insights so I don't get burned on my first dealThis is the property: https://www.zillow.com/homedetails/724-N-22nd-Ave-Bozeman-MT...My thoughts are my wife, 8 month old and I could live in Unit A for a year or two while we rent out Units B & C to help cover the mortgage payments until we build/buy a more desirable family ranch home with min 10+ acres which we've been looking for but have yet to find.My hesitation is I've never been a landlord and am reluctant to get in over my head with property problems while simultaneously growing an online business and being a new father.After some negotiation we counter offered 895k with a 2-1 rate buy down for 20k and the sellers have verbally accepted but since our offer expired we need to resubmit.

We understand this can be challenging for our tenants, but we are planning for our children's future and teaching them about the REAL ESTATE benefits.Do any of you have suggestions as to how we can best approach this or can refer me to someone who can prepare a letter addressing our plans for the build?  

I just recently learned about financial independence and freedom through real estate investing, so right now I am soaking up everything I can to see what strategy and market could be a good fit for me.Thanks for having me!

I'm Stan Chen from Nashville, passionate about real estate investing for 8 years.

I'm a real estate agent, so I could list them.

I'm Jerome Evans from the Raleigh NC area, I have a passion for real estate investing and I’m looking to finally get startedOutside of real estate, I enjoy spending as much time with family, staying physically fit, and you could consider me a hip hop head.

The largest residential REIA group in the area is DIG  (Diversified Real Estate Investor Group | Real Estate Education in Bucks County, PA (digonline.org)) - I would go there to investigate the meeting schedules and locations as they have many opportunities to network and connect.

I am reaching out for some valuable insights and advice regarding an opportunity that has come my way, and your collective wisdom could make a significant impact.I've been in contact with Loan Direct LTD, particularly with James Baldwin, who claims to be a private lender offering various financing options for real estate projects.

Since ADU rules were liberalized by Seattle in 2019 (one attached + one detached allowed on any single-family lot, no owner-occupancy requirement, no restriction against separate sale). a number of spec builders in Seattle have been building what may look like a townhouse triplex but is legally a single family primary homes plus two ADUs, one attached and one detached. 

Stay updated on local STR regulations by checking city websites or consulting with real estate attorneys.By carefully selecting the right location and property, you can create a successful STR investment that also serves as a personal getaway.