They told me that ADU is less than 500 sq ft and that a permit is not required, on the existing survey is not there so title company is asking for a new oneAlso I am currently focusing on 2-4 units since I am planning on using my fha loan and house hackthe zip code is 79903 

i have been in a tough financial state starting 2025. i committed to a bad fix and flip and lost tens of thousands of dollars.

This actually adds you to the vendors insurance policy, whereas an insurance certificate only provides proof that coverage exists.

I'd like to see the whole deal broken down from start to finish'.I would want to see that before I even commit to a meeting.Beyond that, do wider due diligence on all parties involved.

You can also ask the seller for only what already exists, framed as a quick handoff rather than a demand.

They can help you stay out of trouble you didn't know existed, and also stay focused on the aspects if your business that actually interest you.From the title of your post I see you are located in Ashburn.

The right solution depends on the specific layout, travel distances, stair enclosure and rating, window size and sill height, and how the jurisdiction applies IBC and the NYS code for an additional dwelling unit in an existing building.Whether it is worth it comes down to a simple feasibility and ROI check, the all in cost and timeline to legalize, versus the increase in stabilized rent and appraised value.

You’re ALWAYS better off investing locally, where it’s easier to:Learn the marketNetwork to find dealsNetwork to find contractorsBe more hands-onDriveby property to keep tabs on itNetwork to find a decent Property Management Company (PMC)Next best location is somewhere else you lived, where you have an existing network of family & friends to help you as accomplish the above list as needed.If you invest OOS, your biggest challenge won't be finding properties to meet your goals on paper, it’ll be successfully outsourcing all of the above.The biggest mistake we see OOS investors making in our market, over and over again, is not fully understanding Neighborhood/Property/Tenant Classes and how they impact your probability of success!

From a numbers perspective, this looks pretty solid, but it really comes down to what you’re most comfortable with.With 20% down, you’re in a good position to either pay off or significantly reduce your existing balance, which lowers your risk.

The existing mortgage is still in my personal name, which I’m not thrilled about in the long term.