It might be time-consuming, but the direct approach can yield surprising results, especially if homeowners are considering selling but haven’t taken the first step yet.Phone prospectingPhone prospecting is another proactive approach that requires resilience.

I have no development experience but 2 clients have built permitted ADU's in adjacent LA (90047), and both were under $130k, with your quotes a 800 sq ft ADU would be $200k. 

Typically in my experience at a large real estate development firm, we worked with local attorneys on the appeal process every year.

It was a recently developed lot.

Get your license, do the prospecting activities, and find the buyers.

Hey @Austin Wolff - You bring up some good points about knowing the house better than anyone when you build new if you are actively involved and onsite regularly, but I'd get behind @Jay Hinrichs, in the sense that the numbers don't always allow you to build new.Here in Chicago, new developments are super pricey, and even the BEST DEVELOPERS HAVE SLIM MARGINS. 

😁 Dan Kryzanowski🧠 Passive Investing in CRE (MF Development, Self Storage) via liquid funds, SDIRA, or Solo 401(k)... as a Texan & Austinite 🤠, I also stay educated on O&G/Energy + Fintech/Proptech🙌 Meet w/ fellow Accredited Investors & Passive (LP) Investors🤝 ... 

If one of your prospective tenants has an EV, you can offer to split costs to install it as long as it stays after they leave. - could be a creative solution

We own 7 properties that we will start developing in 2025.We are currently remodeling my wife’s two-story home, turning that into two rentals.A developer contacted us and is using our largest plot to build a four-story condo building trading one condo for the opportunity.We drive and live in an 18 wheeler debt-free saving up capital for the next opportunity. 

I'm a Business Development Manager at Groundfloor Finance.