A goal for the JV is established and defined.

The only data on the transaction was the utility name.

If the ADU is detached (not part of the original structure) utilities have every right to impose new connection fees and establish an additional billing account.

Hi Mendy,Appreciate your input — I definitely agree that the U.S. offers some of the most investor-friendly financing options globally, especially with long-term fixed-rate mortgages and well-established depreciation benefits.The depth of available markets across different states is also a significant advantage in terms of flexibility and portfolio diversification.From an international perspective, some investors may still explore certain European markets for geographic diversification or yield differences, but the U.S. financing structure is certainly hard to replicate elsewhere.Always interesting to compare how different systems incentivize real estate investment.

We've had the best success by first doing a deal or two with hard money (just to establish a track record), then approaching people who know successful investors and asking for introductions.

Quote from @Susan Thelen: Lansing, MichiganI’ve seen Lansing work well for mid-term rentals, but it’s very submarket-specific.What tends to work:Medical-driven demand (Sparrow, McLaren, traveling nurses)MSU-adjacent areas for visiting faculty, grad students, and short-term academic staysGovernment / insurance displacement demand (especially winter)What I’d watch closely:Neighborhood quality matters more for mid-term than short-termFurnishing + utilities can eat margins if pricing isn’t tightSome areas cash flow better as long-term rentals vs mid-termIn my experience, the best-performing setups are 2–3 bed SFHs or small multifamily near hospitals or MSU, priced to stay occupied rather than chasing peak monthly rates.Happy to share what I’ve seen work (and not work) if helpful.

Develop systems for your reno or Rental prep processes; establish written Standards to establish scopes and communicate to Vendors; Gantt charts for tracking progress.

Now that this step is completed and I’ve put together my core team, my next big milestone is purchasing my first property which I want to ideally do within the next two months.As I'm looking to get my first rental, I want to make sure I establish a solid foundation for my business.

.** Assisted living in both IL and WI requires state licensing (CBRF in Wisconsin, Assisted Living Establishment in Illinois).

Looking to connect with local San Antonio investors to network and establish a relationship!