I was interested in this type of deal because I was living in the area for another year and needed to build equity as well as dip my feet into the real estate market.

Do you know how I should go about to find  a trustworthy and fair GC for ADU build in North Hollywood? 

I just spoke with one DST broker (Realized 1031) and they said that most sponsors that they work with kind of add the loads to their total costs, so all of your investment is put to work, although at a possibly higher building cost.

The second red flag is he's trying to build his credit back up.

But the very thing that gives us success at first—handling everything ourselves—can also hold us back from scaling and growing our business.How Trust Works in Real Estate InvestingLetting go isn’t just about delegation—it’s about choosing to trust rather than operating from fear.🔹 Afraid to let a property manager take over?

•Instead of transferring the title, consider using strong landlord insurance, an umbrella policy, or a land trust (with your LLC as the beneficiary) for added liability protection.Your FHA Loan Potential for Another Property•Since your first home is already a rental but was likely purchased with an FHA loan, you may still be eligible for another FHA loan—but only if you meet one of these conditions:•You relocate at least 100 miles away from your current home.

Did your borrowers mention securing your investment with a recorded mortgage or deed of trust, personal guarantees, lender’s title insurance, or anything else?

I have one big parcel zoned at Santa Cruz County R-1-15 after building an ADU recently.

After building a portfolio of fully renovated homes I wanted to give this model a chance.

Is it as simple as getting the site designed and engineered for the footprint, cleared and graded (all of which I am comfortable with), and then hiring a GC to build the building?