Last thing I want is any additional government friction in any processes, much less investing.

Was this a difficult process, and who did you talk to in order to do this?

I process nearly 1,000 applications per year for the last 15 years.

This is a plus.Transparency and reliability – Ask about their process for keeping clients updated, especially on long-distance deals.

Quote from @Sarah Albert: As discussed in my book, it's best to address these situations before they happen, because they will happen.My lease has an early termination clause that explains the process and penalty.

What is your process for underwriting a rental by adding an ADU (addition or division)?

Another solid move would be investing in a fix-and-flip project, capitalizing on short-term profit if you know the market and renovation process.

They should know the process super well and have their own contacts with leaders and managers to be able to ensure things run smoothly.There is a weekly open-office time for residents to be able to sit down with their case manager (I think it's Weds, but I haven't seen the time printed out recently so it may have changed.

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

I’m diving into the world of tract home development and looking to learn more about the financial analysis process for unimproved land.