Most value adds involve work   Some require specialized knowledge.Here is a list of why adding ADUs in my CA market is typically a poor RE investment:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

Simplified Approval Process - SB 9 requires ministerial approval for eligible projects, meaning they bypass discretionary reviews that often involve lengthy public hearings and bureaucratic red tape.

This allows you to test all the systems and the people involved.  

Without a deep understanding of these elements, can you underwrite a deal via an algorithm ?

I just want to be involved and learn more so I could achieve more eventually.

Second, in terms of asset protection, LLCs are not invincible, but I think what many don’t understand is that they are not designed to completely shield your assets from liabilities, on the contrary they are designed to contain and isolate liabilities.

I know what seller financing would involve in regards to me (the buyer) having to pay a interest rate set by the seller and the monthly payments also set by seller.But what are the benefits of seller financing a property?

Another one I wish I had taken earlier was to get involved with a boutique or specialized commercial broker. 

Do I understand correctly that we are required to elect to be a qualified joint venture or to file a partnership return?

I was not involved in contracts, funds, etc.