GC's are all very well prepared in contracts now post covid, so there will be job stops when there isn't $ to cover those job cost runs. 

Yes, there can be value in there but as a member subscriber, you will get non-stop solicitation.Recently I had one of my Gurus tell me I would never get success with their basic program (of course this is well after I bought it) and I needed to spend $75K!!!!!

I started bringing donuts for their team when I would stop by to get keys from them.While this anecdote has more to do with client retention than acquisition, I still find it interesting. 

IF that is the case full stop - yes you are paying for something called insurance but if you have a claim the company has the right to pretty much deny coverage for having the wrong type of policy.Landlord policies are higher cost but for a reason - there is a different and increased level of risk when the house is not owner occupied.Talk with your agent and get all the details sorted out. 

Finally, as an aspiring/budding lender, I don't have as much access to mentors, but then again it's easier than rehabbing/flipping and probably easier than buying and holding and managing multifamily. 

If the original tenant wants to claim their belongings, they must pay any unpaid rent, plus the cost of moving and storage, then I will give them access to pick up their belongings.

Part of the investment thesis was getting it for a bargain, then building an ADU complex on it as affordably as possible, getting it to cash flow, and realizing value on both the rental income but also property appreciation given the work going into it.If the property will really only be worth ~$1.70M once we are finished, I will likely just stop the project now and exit the house as soon as possible.If you do not get dollar for dollar for projects such as this, how would house flipping ever work?

But if you have the capital or access to an investor, this sounds like it could be a good deal, but at $900/month, I'd estimate your ARV will max out around $85k.

This approach gives you access to better loan terms and makes the investment more feasible.In my market, the BRRRR strategy only works if you purchase an absolute steal from the seller—and deals like that are virtually nonexistent.

Real estate actually takes access to capital and/or credit.