These relationships serve as the bedrock upon which an empire can be constructed.

(A) For an accessory dwelling unit described in subparagraph (A) of paragraph (1) of subdivision (e), a local agency, special district, or water corporation shall not require the applicant to install a new or separate utility connection directly between the accessory dwelling unit and the utility or impose a related connection fee or capacity charge, unless the accessory dwelling unit was constructed with a new single-family dwelling. home."

If you were a construction company then yes or maybe a property manager - but just an Investor don’t waste your time3.

On average, 20% to 40% of those components fall into tax categories that can be written off much quicker than the building structure.A Cost Segregation study dissects the construction cost or purchase price of the property that would otherwise be depreciated over 27.5 years for residential property or 39 years for commercial property.

I’d honestly rather just look at buying one off condos at this point, probably not gonna cash flow either but at least you take some risk off the table and can get into more stable areas with less construction (mainly NW)  

2) Re the flip, Do you have any experience in construction, or dealing with contractors, as well as your local building department?  

I'm a licensed general contractor as well so anything construction related as well give me a shout!

Good to have a solid GC in place to spearhead the construction if you are new to building.

Appreciate your frank, constructive response.

Cash invested: $500,000 Sale price: $1,049,995 Contributors: Jess Haas Remodeled, condoized & sold the existing Victorian duplex to breka even while making a large profit on construction a new DADU / SFH w/ rooftop deck in the backyard.