Quote from @Trevor Powers: Network, read/listen to books, and don't be too hesitant on pulling the trigger on something you believe is a good deal.

We don't have gas out there now, but we do have power and sewer/plumbing in the garage because of the permitted rec room and bathroom.My biggest question is the ADU designation.

It is no secrete that recent property listings and price of said listings are not meeting the buying power of these areas.

Borrowers with strong negotiating power may be able to secure more extension options.In summary, the number of extension options for a multifamily bridge loan is determined by a combination of the lender's policies, the borrower's qualifications, property-specific factors, market conditions, and individual negotiation.

Last thing I would suggest is when looking for your first investment that you dont  max out on your borrowing power.

No, I mean if utilities are off you get them on immediately after contract during your inspection contingency in order to be able to inspect everything while powered (water/electric/gas).

With many homebuyers waiting, this could make now a good time to jump into the market to find deals. Check out this video

It's a power struggle for some people.

 $7,000 in 2022 was worth the same as $500 in 1993 in purchasing power for land in our area.We subdivided and sold for $50,000 per acre with “forced” appreciation.  

They have a lot of power and will often get involved.