I am currently 61 years old and have about 30 years of construction management experience and about 30 years of having a real estate broker license in state of Texas. 

It is harder to get traditional financing for these. you need to get some type of construction loan.

The adu construction might take some time because I don’t want to dip into my equity to build it.

Keep in mind any investment in an OZ Fund has to be new construction or a "significant" renovation which is 100% of the purchase price.

If you have some questions on anything feel free to call Boo or Logan at our office - those two guys can answer any questions you have to make sure you're getting involved in the right program for you :) And don't worry - they're not your typical commission hungry sales reps, John pays them hefty salaries and they know their  biggest priority is to find out what each person actually needs and see how we can help them so you won't be pressured into anything.

Its really tough living in a construction zone, but the end results made it ok.

Now if you are in the construction business whatever you do the gain will reduce the cost of building.

@Naveen Desai Yes, the property taxes are typically 2%-3% in the DFW area.

(property & construction management) and i'm also a real estate broker for over 15 years in the Naperville, IL. areaBrian Evans

Typically it is the local building and zoning with a similar rule, repairs of more than 50% are not prohibited, But if the rebuild/renovation cost is more than 50% of the property value then the property must be brought to Current building codes, which may include the floor elevation being raised to current building requirements, which is usually not feasible, cost wise.