The house is 60% completed and will complete 2 years that construction started (2 years after permit approvals).

As preivously stated above, I have a small storage space (around 200 sqft) that can be converted into an ADU (already have approved plans from LADBS) and am meeting with various contractors and teams.

In our lovely state of WA once the removal is approved, it could take another week or two until the sheriff gets to the property and posts the legalese paperwork on the door(they are busy), basically telling the bum that he will be tossed on XX date. 

In fact, during my short stint as an aspiring BRRRR investor, I successfully secured a pre-approval for a private money loan based on my net worth.Now that I’ve shifted to land investing, I’m wondering: Do private or hard money lenders exist specifically for land flips?

For the historic district, I would just make sure that you fully understand what requires approval and what that process looks like.

Please verify with zoning and ask them for a verification letter so you can have approval on hand.

I hired an IRA-approved valuation company to value that note at that time.

Have two years of W2 income, RE goals, and start talking to lenders about getting pre-approved.

Or you can try and lease option it, but be sure to mentor your tenant all the way to get pre-approved, otherwise you have an 80% chnace they won't be able to buy it. 

Then there is city approval and whether they want a 2 to be a 4 (seems like the nearby properties might support it).