I actually tend to side with the homeowners (of course I stand to benefit with home value), the density that would be brought on by multifamily development isn't supported by the infrastructure.Now if you're a small time developer, I wouldn't be too optimistic.

You don't want to be overly optimistic and then an appraiser comes in $30k lower and now you're in leaving an additional $10k in the deal.

I’m not feeling optimistic about them.Any out of state investors have used lenders in the Pittsburgh area for refi deals?

I am generally an optimist so I say go for it, worst case, it does not work out and you still can be a nurse.

The $1500 a month rent seem optimistic to me unless it is a 4 or 5 bedroom.

As an optimist, I say it all works out in the end. 

The AMV is an optimistic view of how property values in the area seem to be heading and some similar comps in the area.

Some flippers would end up losing a lot of money if they took 15% less than their anticipated ARV, so many are stuck because they were too optimistic about the market.

Your $250k budget seems challenging/optimistic to do both JADU and ADU unless you either take an active role and/or use a manufactured home.  

From Duane at Akron's Housing Division earlier this week:  They are still at least a month away from putting anything in action, probably longer as he didn't sound real optimistic.