Between rising costs, timelines, and funding delays, fix & flip projects can get tricky.What’s been your biggest challenge lately — finding deals, contractors, or capital?

I’ve seen opportunity here, but it also comes with challenges that don’t always show up in the numbers.

The challenge is that Tampa only allows one ADU per lot, with a max of 950 sq ft of total livable area for that unit.That means I technically can’t create a second unit, but I can expand the existing ADU, as long as the combined upstairs + downstairs area stays under the 950 sq ft limit.Here’s where I’m stuck:- I could design it as an “extension” of the ADU (same address, one unit on paper) and just have a kitchenette downstairs instead of a full kitchen.- Each level could then be rented separately, similar to how people rent by room, but still under one ADU structure.My concern is the permitting process and cost.

Some neighborhood have seen issues where STRs are concentrated and not well-managed, while others have a smoother coexistence when clear rules and active enforcement are in place.The challenge seems to be figuring out how to protect residential quality of life while also allowing responsible operators to continue hosting.

All of your income is taxed, and your potential tax losses from STRs can offset your entire income, does not matter the source.In fact, if you have a mixture of W2 income and capital gains, the losses will technically offset your W2 income first.

It’s technically possible to qualify for Real Estate Professional (REP) status with out-of-state rentals, but in reality it’s very tough to pull off.

I am in Kansas City which is technically tornado ally.

Technically, you will not own those 10 pads.  

Is the strategy technically called residential assisted living? 

Well, Everett technically.