I hope to be able to apply what I learn here to building my own income-generating real estate portfolio and eventually creating passive income for myself so I can spend more time with my kiddo!

The house is a 1990 Habitat for Humanity build and when I poked my head up in the attic, I was surprised to see that the whole structure above the ceiling is steel construction.

Build your own empire!

@Marco Werner Be sure to analyze the total cost for building the ADU vs. the amount of rent you can get.

Not a fan of just basing it off rent, while that is a good gauge, it can be way off - just like cap rate can be on a MF building - good indicator but a lot more research and analysis is required.

Maybe if you have big vacancy or have an odd building that rents at lower rates or your leases covers all expenses vs NNN or something like that, maybe you can fight for lower value....but my guess if for most industrial/warehouse investors, 2023 and maybe even 2024 are going to be tough years to fight in DFW. 

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.

In business, references and jobs done also help too.Handymen per CSLB are prohibited from taking on projects that are more than $500, unless they can either break the project down into smaller job or risk going to jail -especially if they furnished something recordable (ie, a phone conversation or in writing) in violation of this fundamental CA rule governing construction.So yes I do agree CA handymen should never quote a client anything more than $500/materials+labor per particular job unless they don't care about building a career towards being a licensed contractor honestly and dont care if they end up being criminally charged for it.As for a family member and/or close friend I would expect handymen in CA to obviously work out 'less than armlength' ways to help them with big jobs that do exceeed $500/project but not leave an obviously incriminating papertrail afterall its family you're dealing with anyway and nevertheless as a handyman (and likely brother, cousin, in-law etc) until one day you are a licensed contractor then can quote as much as you want per project.I'm tired and done with CA handymen masquerading as contractors, quoting contractor prices, yet not having even liability insurance that licensed contractors are required to have. 

WE plan on building a 2 bedroom home that we an AirBnB.https://viventum.com.mx/Our goal would be to visit the property twice a year (November and March) and rent it the remaining months. 

Hi Lina, If I am understanding your post, you are looking to pull about $30k from your SFR to build a mobile home on the same lot where the SFR is located at correct?