Maybe it’s hosting a casual weekend walkthrough of a recent rehab project so investors can see how their money is being put to work.

The Project cost better be the project cost and the ARV better be the ARV. 

My plan would then be to diversify by partnering with my mother-in-law on fix-and-flip projects for a year or two, which would increase liquidity.

@Blake Kirby the new construction is mostly SFHs on the far outskirts, or "luxury" apartments and/or condos as infill projects.

Focus on cash flow and exit strategies, and consider starting with a smaller project to gain experience and minimize risk.Good luck!

By the time an Inspector shuts down a project, and the homeowner goes to court/city/judge/whatever.....there is wasted time and money.As we all agree, just get a permit (if it is required) and do things right. :-) Even if you win the war, loosing the battle can easily wipe out all your profits and more.Think about that recent CA AirBnB case where the lady was in the guest house for almost 2 years with no rent?  

I think working on getting liquid capital for these projects is step one for me.

Everything always takes longer and is more costly than projected.

I'm starting my first BRRRR project and just closed on a property using cash.

My side of the street has no curb and gutter, the other side of the street has gutter only while only  that side of the street is getting sidewalks as part of this project.