There are several builders in the area now building multi-generational homes now.

If so, was it builder's risk insurance?

In the past I have primarily bought commercial builders.

Originally, I was listed as owner-builder on the renovation permit for Mechanical, Plumbing, and Building.

I co-host a monthly real estate meetup called "Real Estate Wealth Builders Circle" with education and a social accountability connection with other local investors here in the Twin Cities.

Are you planning on a) using a GC to run the Subs, or b) are you planning on acting as an Owner/Builder and hiring Subs yourself?

If you are comfortable going through the building process and have a builder that you trust you would probably get the best return by building on the lot and then selling and deploying that equity that you have now built into another asset via a 1031 exchange.

PS: The empty lot has no value to you whatsoever unless you have the skills to build or flip to a builder.

Bonding of lien is easy, confirmed with bond companies, 1.5 times the claim (52k), it doesn't require permission of solar company at all, builders do it all the time, and then fight the claim with solar company in court is an option.

I'm charging $400 a week for my smallest places.Here is my totem pole for renters.Project managersEngineersElectricians, Inspectors, BoilermakersPipefitters, WeldersGeneral laborGeneral PublicScaffold builders, painters, travelling nursesThe homeless and people right out of prison.Notice I put traveling nurses below the general public and above homeless/parolees.