I've seen a lot in town with waist high weeds/brush.

I had a lender say he would fund everything with upfront costs of underwriting/appraisal and soft costs.

While I personally love the challenge of a "difficult customer", most guys would simply brush off communications or simply charge more for the challenge.

As you're learning, you're going to be networking with fellow students, maybe taking some role in their project(s) - pushing a shovel, a paint roller or a brush, learning about mudding and taping, ...This has the side benefit that lenders prefer educated investors.

Loss of Rents or Soft Costs coverage should you have a covered loss.

At the end of the day, investing is like brushing your teeth.

LoL yay I was using a wide brush but my comments were really about why someone would want to start wholesaling.

well this is complicated and highly unlikely anyone can help you on an internet forumyou don't say what jurisdiction it is.there are about 40 steps to get a project approved.5 acres of townhouses might be 100 units soft cost might be 300k or more up front. financing to build 20 mil or more  5 million in cash equity probably needed to pull that off. to name just a few of the 40 things that need to align to have a successful development

@Sam Casper I dont think you can do this in most jurisdictions, however I think you can do multiple, within soft stories in San FranciscoWhat city are you looking at building an ADU? 

is the rental market soft or strong?