Besides, it's always a good idea to build a good relationship with the Planning and Building departments. 

Our negotiation approach focused on building rapport with the seller, allowing us to secure the property below market value.

It helps to build a good network of reliable contractors, especially if you’re investing out of state.Section 8 has been a part of my strategy, and while it’s not all rainbows, it’s been a solid way to build consistent cash flow.

With the network I have been building I am confident that this will be a viable option in 18 months.

It calls itself “an incredible company.”Some of the rents that RAD Diversified REIT says in SEC filings that it's expecting appear to be overstated, in light of the buildings’ conditions.

But keep in mind if your using money you cant afford to get back then buying action property might not be appropriate for your current endeavors and its better to just buy open market were you can do proper due diligence and know you have a build-able site.

Anyone who managed to do this probably did it 5+ years ago when the market was very, very different.If you borrow $200,000 to build an ADU, I suspect you would need to rent it for $5,000 or more to make the numbers work.

Many banks wont touch deals that are sub 90% occupancy, so you could negotiate short term seller financing to help give you runway to make the building bankable for a refinance while you reposition it.

I'm wondering if a BLOC could help to build my business credit.

The current tenant was already in place when I purchased the building, and their lease is set to expire in a few months.