That being said, your typical cost of capital is as follows:EquityAgency debtBalance Sheet local lenderDebt FundPrivate DebtPref EquityHard Money DebtBookie/Loan SharkOther things that will impact capital sources: are you wanting to finance the improvements, or will you pay for those from equity/cash flow?  

You typically offer it to your partner first to see if they will buy you out.

Google permit expeditor or ask the county who typically is used.4.

Do they have 5k in high weeds/grass built up from a year of the city mowing at $300 a pop?

House gets foreclosed on when a borrower is not paying its debt obligations - typically its mortgage.buying foreclosures is not for the faint of heart as you have no idea of the interior of these properties lastly while it can be beneficial also realize if there are a lot in an area those homes are the new comps when trying to sell so it lowers home values in an area 

If so is there a typical investor profile? 

You're better off opting for an interest-only mortgage, saving on payments, and then refinancing it into something more conventional when interest rates drop—or, if possible, making a plan to pay down the principal.Interest-only loans, which typically last for the first 5 to 10 years of the loan term, offer two key benefits.

DSCR loans typically take 21 days to close.

Insurance typically covers only the directly damaged area, not undamaged flooring, even if it's continuous.

Issues 1) even garage conversion ADUs in single family zoned areas typically cost more to build than the value that they add.