While you're on the phone or interwebs with them ask about building permits, impact fees, and anything else that is required to be paid for building in on that lot or parcel.  

Permit me to express my personal viewpoint: the year 2020 has truly been a turning point in my life, as I made a resolute decision to bring order and organization into my life.

We rezone it for 5k. 5k permit set / construction docs. 350k build. exit price is approx 510k, full return of capital on a refinance within 8 months. super simple. we build around 174 a sq ft and the exit price downtown is approx $250 - $300 depending on neighborhood, size, etc. 

I need $33,500-$40,000 to complete the rehab including cost of permits, labor, and materials.

We are looking for a structure that will permit us to easily raise money without complicating the management level.Curious to know what people recommend for jurisdiction and structure for such an entity.Thanks in advance for your help!

Found following information about building permits on City Data: https://www.city-data.com/city/Calera-Alabama.html2022: 125 buildings, average cost: $155,700 2021: 216 buildings, average cost: $156,200 2020: 322 buildings, average cost: $144,500 2019: 213 buildings, average cost: $147,600Regarding Property appreciation: This property was sold last november for 269K and there is a similar property on this street that has been sold for 289k on March 12th that is last month.

As for an offer, start with your ARV and subtract out your renovation costs, financing costs, a reserve amount for contingencies, any profit margin if you plan on flipping it, closing costs for both the buy and sell sides, and soft costs for the permitting, etc.

Condition: One tenant doesn't want to leave, have to bribe them to leave perhaps with some cash-of-keys- In San Pablo, a listing of 250k with comps of 500k.Situation: Sewer issue, only cost 20k but the city is asking the new owner has to repair everything with all permit.- South Hayward: 600k "duplex"- This year I got a comps of 1.3mil "mansion" 1920k for 800k.

But if the city has been difficult to work with for inspections and permits they might also be difficult to work with regarding short term rentals.

That should be enough to get Airbnb going again, then if you want to sell it - sell it to a proper investor (versus those pulling out and wasting time, i.e. many wholesalers) as a permitted and functioning Airbnb.