.: There are ways for him to sell the property to you even with a mortgage, but there's a lot of complexity involved and I don't recommend it.

It works out well for all involved.

It is a win/win for all involved and builds trust.3.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

I decided that if I am to do this and put up with it I would get more involved with system to get a better understanding of their mind set.

I’ve been in the community for just over a year and a half, been involved in probably a dozen deals, and still feel like a newbie at times.

My parents have been very involved in the purchasing process- touring the property with me, etc.

Communication is SEVERELY lacking from all the agents involved plus the brokerage.Finally, I just drive to the sellers house in person and knock on the door.

With my background in law, currently studying in Indonesia, and my experience as a real estate agent, I’ve seen firsthand the opportunities and legal considerations involved in such investments.

Long term rentals are unattractive in CA imo especially since you can earn a lot more with different rental strategies even doing mid term rentals will still probably be more profitable than doing a long term rental.As far as hiring a contractor or bringing in subs for each item that will come down to how much you want to be involved, you'll save money finding and subbing out individual jobs but it will take you longer and you will need to manage everyone you hire and contract to do business with whereas a contractor will manage all that for you but there will be a premium put onto the price obviously for that.