Building a single small unit is the most expensive residential development..Here is a list of why adding a single ADU in dingle family zoned areas in my CA market is typically a poor RE investment:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

You just need the right plan and the right people in your corner.A little background on me—I’m a real estate broker, investor, and developer out of Rochester, NY.

I'd love to find some other people who are currently invested with Fairway America and - ideally - in this exact investment.Thanks,Matt BrownFairway has put out a ton of deals in a variety of real estate asset classes and strategies.

Once the seller signs it, use your CRM to mass-contact investors/developers/flippers in that area (perhaps using your database/services in a different way to identify these LLCs/people) and sell them your contract with an assignment fee. 

Something I would recommend from experience working with people is to figure out your ideal niche and stick to that, at least just starting out.

In my view, this trend is likely to persist and could be a strong demographic tailwind for a long-term investor like yourself.Specifically, Athens, AL—a city about 30 miles west of downtown Huntsville—was the #1 fastest-growing city in the state in 2023, so there’s a lot of growth, development, and opportunity in and around Huntsville proper.If you have the time, do some driving around.

Get some land that's ideal, and get a tiny whatever.

Quote from @Jason Hatfield: @Jaycee Greene  they require a non refundable deposit and give 48hrs to see proof of funds I would suggest developing a relationship with an HML/PML that would give you a "guidance line" that would basically be a "pre-approval" for situations like this to present to the buyer/auction company.

I've had a long career in community development and have a lot of bank contacts that would likely be interested in investing, but I'd need to prove the concept first with an initial fund (there are also a lot of other community development tools that could be leveraged to maximize and scale this).

Experienced developers, could you tell me how the process/financing works?