Biggest thing is to see what’s being built in the areas you’re interested in, apple is building there campus so that’s gonna affect us a lot.

The house behind me has the biggest ADU I have ever seen, which was added to a home that may be is 8000'. 

I think the biggest question these days is how long are you planning to hold this?

I think the biggest thing you have going for you right now is that you have VA eligibility and there are a ton of homes on the market who are looking for an eligible VA buyer.  

That's my biggest piece of advice is to just get started so the momentum (and equity) can start building.

If a home owner doesn't properly maintain their home, you would think an earthquake hit their house from some of the stuff I have seen. 

I am an experienced renovator, having done work and management on all aspects of my own properties from the foundation up for 18 years.Since the State laws are new, I'm excited about the possibilities, and looking to chat with other Owner/Builders about the feasibility and pitfalls.I guess that my biggest open questions are about foundations and waste water management requirements in conjunction with an existing multi family building. 

Lived in the High Desert for the last 30 years, Biggest problem we have in the high desert is the local economy...

Biggest drawback is the time, they are slow.

In an attempt to clean up the industry, legislation was written by those who 1) had never been lenders themselves and had no understanding of the industry and 2) their biggest campaign contributors were big banks (look up Barney Frank, Chris Dodd, and Elizabeth Warren's campaign contributors at the time and you'll see big banks).