Would you forecast that there will be some big discounts on these in a few years as people realize that they cant afford to hold onto themthank you!

I think the ultimate situation for what I described above (not the plan, but a possible outcome) could look like this:Rent main house by the rooms while constructing ADU.

Good points.I'd add square, level, plumb - license, insurance, bond - using permits to follow codepointing out problems the owner doesn't realize they have that are serious. 

I realized how much of an impact the right agent can have, especially one who:Truly understands the market.Has firsthand experience.Is willing to share their knowledge.Now, with his guidance, I’m working on a project that could be a game-changer—if we can bring in the right capital partners.

He was there for the inspection and followed me from door to door then I realized why.

A friend of mine, Ryan, who invests heavily in Baltimore, realized his interest costs were eating into his cash flow.

Ultimately anyone else's conversion rate with a given type of marketing in a given market does not necessarily mean you will get the same rate.

Everything else; relationships, making connection, closing deals, and ultimately making money, is the result of concerted efforts.

@Justin Landesman I just realized you're in Los Angeles.

What your deal would ultimately entail is a buyer who trusts you enough to give you $125k and trust you to pay it back while his property is encumbered by both your seller finance note and your original mortgage for $125k.