If the house is listed on the MLS and everyone else has passed on it, then you didn't "find" it. 

There’s usually not more than one investor with interest in any parcel so there’s is absolutely no incentive for the investor to pay a “wholesaler’s fee” in this scenario.In the scenario where the land is ready for development, and the economic conditions make development a profitable activity, the land owner has already been approached by the developer or multiple parties with offers to purchase.  

I appreciate the encouragement—I'm excited to learn from and connect with investors in this community.Right now, I’m primarily focused on house hacking in the LA market, but I’m open to exploring out-of-state opportunities later in my career.

There is a BiggerPockets group in Dubai and it’s going on it’s fourth year!

Would a bank even allow us to mortgage multiple buildings on a single lot without it being subdivided?

Make sure you know the value the ADU will add to the property before building the ADU. 2) the financing on an ADU is typically far worse than for initial investment property acquisition or is often not leveraged by the ADU (HELOC, cash out refi, etc).

If I did it, and I'm no one special, anyone can do it.

Are you basing this solely on what you can afford, or what you intend to make on it, or your target sale price? 

One small step forward each day!

Set aside a big pile of cash or rely on a line of credit you won't be using.The oversimplified insurance concept is to pay a small premium to cover a large loss.