Having a background in Real Estate, Sales/Training in Construction Technolgy like GPS Survey/Layout and Machine Control/CAD Model Building, along with owning a Civil 3D Dirt Construction Company, I was very excited about the opportunities presented by Cody at Vestbright.

., giving you market guidance, open houses, vetting potential buyers who don't have and don't want representation, contract negotiation, managing/scheduling/attending inspections and surveys, fielding bank requests for information, making sure government paperwork is done, you imagine and write it down and you'll still miss some stuff, but that's okay.

For many years I was contacted by the housing office to provide input of my rents, both Section 8 and market rented units and participated in their annual surveys. 

However, after receiving the survey results, I discovered that the house is located less than 1 foot over the sublot line (see attached image).Here are the options I’m considering:Rent the current house for market value (~$1,500–1,600/month) and convert the detached garage into an ADU to rent for ~$1,000/month.Relocate the house to split the lot, then sell the newly created lot (~$100,000) while renting out the existing house.Relocate the house to split the lot and build a new home on the second lot.Demolish the current house and garage, split the lot, and build two new homes.At this time, I am uncertain about the cost of relocating the house.Questions for the community:Has anyone faced a similar situation?

Very nice people and always brought us gifts :)As a home builder ( small time 20 or so a year) I look at my sub base and if I start at survey and work through the house here is the demographic..

Now if it was me, I would have gone over myself to initially survey the problem and at the least meet the plumber over there to assess the damage.  

My suggestion is to find some real estate industry surveys (via CBRE or others) and look for the MF cap rates in various cities/states/regions.

I filled out their survey and provided some constructive feedback, even though I don't own a STR here.

I closed for both sides and had a chase them round for final signatures.Also might I add the property could be falling down, you basically have to send your staff out to take pictures and videos to send to them to get them to even budge on any price.These homes they have have been sitting a long long time and most cases they are on the city’s list of zombie homes and ready to be demolished, you won’t find that out with no title search and survey, you find that out the day your workers show up to work ready to get this thing back to livable to be met with more money spending ventures.Bottom line.

So it takes comprehensive knowledge of the market trends, zoning laws, the local municipalities approval process, survey cost, subsoil conditions, irrigation requirements, development cost, utilities (gas, power and internet), city water or well water, city sewer or POSW to name just a few...A builder developed the farm field next to our SD, bought it for $1.5M and wanted to build 25 homes as a conservancy subdivision.