I'm happy to spend more time discussing GS & OBA properties in detail with you!

Land Entitlement is one of the riskiest Real Estate investments for several reasons:1) High Upfront Costs with No Guarantees: We spend tens of thousands of dollars on due diligence to ensure the property is suitable for development.

Easiest and least costly is to go there and spend a week or so to get everything in order.Another one is to hire someone trustworthy and pay them to put it in their garage or in a storage unit for a month

Hi Brandon,Personally I think it all depends on what kind of "avatar" you are.If you have high risk tolerance and have time to spend, active strategies like flips and BRRRRs will yield better returns and more opportunities. 

Who provided you with the reno budget and do you know if its a fair price?

Be conservative on budget and time.

There’s a lot of valuable information out there without spending thousands of dollars.

I'm going to get a survey regardless, but I'd like to line all this up before I start spending on soft costs.The weird thing is I see other investors doing these DADU deals and I've never heard anything mention the above requirements / scenario. 

Costs will always go over budget. 

The last thing we want to do is make the house not pop from the street when we spent a lot of money on the inside, it's really the cherry on top.We use comps to decide how much to spend on the landscaping and how to style the landscape.