And I agree that it can work in gaining leads.

This experience proves that even with challenges, strategic renovations and persistence can lead to a profitable outcome.

–Exception: An ADU on a 1-unit subject property that does not comply with the zoning and land-use requirements (illegal zoning) may be eligible under certain conditions. • ADUs that are manufactured homes are allowed under certain conditions.Good luck

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There’s usually not more than one investor with interest in any parcel so there’s is absolutely no incentive for the investor to pay a “wholesaler’s fee” in this scenario.In the scenario where the land is ready for development, and the economic conditions make development a profitable activity, the land owner has already been approached by the developer or multiple parties with offers to purchase.  

Right now we have a schedule for everything we do D4D, sticky notes, we use dealmachine to find leads.

Local market trends: Could you share any insights into current rental market conditions and future growth projections for these areas?

And What other conditions/terms/costs do you calculate when underwriting the potential of a deal?

Self managed HOAs are usually undercapitalized so you want to take a thorough review of the condition of the community to make sure there isn’t deferred maintenance because you might get hit with a special assessment if the board isn’t setting aside cash for those capital improvements.At face value, taking into consideration my typical financial objectives, I wouldn’t do this deal unless it was a much lower price.

This project highlights how purchasing from motivated sellers, making strategic renovations, and selling to retail buyers can lead to successful outcomes.