YUP I have bought a number of houses at court house steps were the owner said it will never go to sale as I have a buyer.. well buyer is wholesaler who has no money and they cant flip the contract and the poor owner loses their house no time to even file a BK and regroup.. wholesaling is a very sleazy business the way MOST folks do it.. thats why its starting to get attention from the states..

Most of these bad situations are due to poor due diligence and also not understanding project development and finance efforts. 

For context, (1) the property was in poor condition when I acquired it, and (2) I’m a passive real estate investor.Here are my expenses:- Travel (~$2,000) and meals during travel ($500)—I understand only 50% of meal costs are deductible.- Gardening maintenance (just to prevent the grass from getting too high, not an improvement).- In-year tax consultation ($300).- Commission to my buyer’s agent ($300).- Insurance premium ($1,000).- Insurance deductible following a claim ($1,000).I believe the property won’t begin to depreciate until it’s in service, which seems to align with how TurboTax is set up.

DSCR mixed use would probably be your best bet and give you the best pricing! 

In my experience, your best bet are local, community banks.

I am both an investor and realtor so ideally, your best bet is to find someone like me in the Cleveland market.

After reading Rich Dad Poor Dad and Second Chance by Robert Kiyosaki.

Your best bet on background is to run your states background check if they are local and even then some things are on a county level. 

Long term play, this is likely your best bet.

Combine this with poor ADU valuations (especially in single family zoned areas) result in hands off ADU additions costing significantly more than the value they add.