Keep searching for deals, regardless of the season

Value adds were a combination of market value increases, rentability increases, strategic maintenance and improvements during lease cycles, and property management.

It's based on the purchase price and will not include any improvements, reno, or increase in value since the purchase.

Now the value set be appraisers typically is coming in between $50k and $100k   I invite you to search BP or create a post determining values that appraisers are giving to ADUs.  

The "slow flip" I am referring to was purchase the property in the traditional financing way and then live there while rehabbing and improving (adding bedrooms, getting the yards back in shape, updating finishes, building or adding shop space, etc.).

Assuming this is in fact a good deal, and your friend is a qualified GC, instead of trying to be the lead investor, he should be searching for someone who has the balance sheet to take down this deal on their and be a transactional participant.

I did a quick google search yesterday trying to find one in my area and got a lot of corporate type responses eg fill out this form and check the website etc.

Do a search for Background Checks on the Passive Pockets site.

In addition being able to do your own searchs and one thing out west here that was very productive for us/me was just going through the big Plat maps ( the actual mylar / paper ones in the day) We could find shadow plats.

Before renting, I need to complete a few improvements to the townhome, such as landscaping and replacing the flooring in the bedrooms.I have a few questions and would appreciate any advice: What should I look out for during the home inspection and closing process on a new-build property?