I recommend seeking a professional who charges for the value they bring to the table.

That usually favors experience-driven stays (unique structures, nature, views) over standard cabins. 2.

You need to know your tenants by name before you pour the foundation.Building Your Development Pro FormaMost experienced developers build custom Excel models because every deal has enough unique variables that off-the-shelf software can't capture the nuances.

At least here in Chicago, all the buildings are so much more unique and require an indepth walkthrough and even then...you are likely to miss things...Of course hindsight is 20/20

Later on, the idea is to build a larger home on the property and rent out the smaller one.The property is also set up pretty well for a unique stay / glamping style STR, so that’s something I’m considering down the road too.After construction of the ADU, the comps show a pretty solid ARV, so the investment side is mainly equity initially, But I have options for cash flow if needed.

At 22 years old, I'm uniquely positioned as a high income earner with very few monthly expenses.

Paseo Arts DistrictOne of the most unique neighborhoods in the city.

I want a pool cabin in the peak of spring break that sleeps 8, I need a hot tub, video games, pool table and a theater.

-For things like this, how much cash do you normally need to bring to the table percentage wise and what loans etc do I need to be looking in to?

Your experience with the ARB "kings" sounds a lot like what happened in our most recent protest hearing.The evidence that Comal Appraisal District provided to us contained a table of results from real-estate analytics websites containing five columns: Source, Website, Area, Quarter, and Cap Rate.