The banks are able to call all the shots right now bc everyone is buying, selling and refinancing but that will change and they'll lose clients if they don't adapt. 

My two tips: 1) take advantage of the search function to find threads in the forum for any questions you have (before posting/creating a new thread) and 2) regarding investment property-- clearly define what your goals are on the front end so you don't get distracted when evaluating deals (and your goals very well may change or adapt!). 

As the pandemic hit, real estate and mortgage professionals across the country revised their processes to adapt to shifting safety standards and economic realities.

I'm hearing a CCS adapter will be out soon for the US based Teslas.Good luck on your journey, and you should have some first mover advantage.

The type of adaptive reuse project you are describing might take months or years to plan depending on how busy your engineers, planners, zoning attorneys,  and general contractors are in your market.

You're going to have to earn the trust of your lender, and not the other way around - the days of free capital are gone.If you want to invest institutionally, find a credible lender who is still lending and adapting to today's environment - I have heard that the largest lenders in the space (read, the lenders with the best rates and terms) have paused (read, stopped lending) for the next 60 days until they figure out where the economy is headed. 

Get a second license contractor estimate with more details, AND have your existing one show each piece cost plus labor plus whatever.materials / labor/ shipping/ The faucet model # Moen 1.5 costs $486 plus 7.75 tax also need caulking $15, adapter $36  yadda yadda and labor $300 .. is separate line itemshipping cost $16 ... very detailed in an Excel sheetSaying the word lawsuit usually gets you bumped up to another adjuster.

With lots of the real estate "gurus", the way they made their money, their system, "used to" work, 10 or 20 years ago, but typically many details will need to be adapted to be successful in current market, lending, and legal environments. 

The world is changing with technology and real estate is notoriously slow to adapt

So we are on the same page, a dependable passive income must meet three requirements:Reliable - You continuously receive the income with minimal interruptions, in good and bad economic times.Inflation Adapting - Your rental income increases faster than inflation, so you have the additional dollars you need to maintain the same lifestyle.Persistent – The income continues for a long time; you and your spouse will not outlive the income.Selecting a dependable passive income location is the second step in the process of consistently buying dependable passive income properties.