We currently live in a 5 bedroom house.  All bedrooms are pretty good size and we also have an office space.  Our current master bathroom and closet are tiny.  We would like to merge two bedrooms and put in a large ma...

Can I convert my detached Garage with is connected to the ADU as a JADU?

One is legal but the garage was converted illegally.

My goal is to start with flips and eventually begin implementing the BRRRR method.

This would convert the sale into an "installment sale" in the eyes of the IRS which would spread the gain over the period of the sale.Theoretical example:Purchase price: $10kRenovations: $0 (to simplify)Sale price: $20kNote: 8% over 10 years with 10k down. $10k sale price, $121/mo for 120 months.Period between purchase/sale: 6 monthsSince the note is over 10 years would the payments beyond year 1 be taxed at capital gains rates or my regular income if this were held in an LLC?

They may give you scenarios that would allow you to convert it to a rental sooner.

My hope is to not stay more than a few years, so eventually that occupied unit will be rented out as well.I would love to hear from any investors in the area who have any advice, or have gone through the sort of path I am looking to take. 

My hope is to not stay more than a few years, so eventually that occupied unit will be rented out as well.I would love to hear from any investors in the area who have any advice, or have gone through the sort of path I am looking to take.

Purchase price: $35,600 Cash invested: $57,443 I purchased this property as a starter home to learn about real estate and gain experience to eventually acquire larger investment properties, like apartment buildings or strip malls.

Then you'll eventually find their training.