ADU - Add value strategy

[Matheu Santos]

Dear investors, I hope you’re doing great. I would appreciate your educated and more importantly experienced opinion on this matter. 

I’m looking to house hack in the Tampa Bay area, however prices are extremely high and affordability is at its lowest. Especially, for a father of two like me. 

In January of 2024 I’ll finish my active duty contract with the Air Force and leave Germany to start a life in Florida Tampa Bay  Area (Riverview preferably). My strategy would be:

- Find a 3 car garage single family

- The garage has to share a wall with the guest bathroom

- Convert the house into a 1 car garage by adding an ADU (The guest bathroom will become the ADU's bathroom, significantly lowering costs)

- Parking should not be an issue. Since the house was originally a 3 car garage, the spacious driveway will provide enough space for parking. 

Very straightforward hopefully. My only concern are ADU regulations and getting the permits to make this possible. Please give me your opinion. I appreciate you taking the time!