The inefficiencies in this market should be a huge opportunity for folks who take the time to find and vet operators and projects, and come to the table with clear theses, looking for operators and projects that match those theses, rather than reacting with FOMO to promises from the most famous influencers in the industry.I think it is mission-critical that BiggerPockets and this community shines a light on the industry and exposes the good and bad operators, and steers LP capital away from "lopsided bets" and towards humble, honest, hungry, capital raisers offering solid projects in areas they have clear competency in.

Check out this blog post here on BP, specifically the table provided.

Juice is not worth the squeeze. linden is far from adu's making any sense. adu's are cost prohibitive from the beginning. we are talking $200+ per sq ft to build. the idea to build is to have equity. you can't build an ADU in linden and get the numbers to work on new construction at the lending of 75% after built value max thresholds. you'll be bringing money to the table over the minimum for what, to change the game?

It's also important to think about the skills you bring to the table.

I then laid the napkin on the table and opened it up for everyone to see.

@Vincent DonatoWhy bother when there are cheaper and portable alternatives like table fans?

It is a 2 unit RS-3 that I converted to a 3 unit RM 4.5 because it has a coach house that wasn’t legal which I didn’t know until I basically got to the closing table. 

Less impactful but they also used 2 therms/day of gas (either long showers or used the gas fireplace while cooling to 61 degrees.In addition guest broke closet track and moved football table into the closet.  

Hopefully you got to the closing table. 

What I'd bring to the table would be researching and sourcing properties, cash for down payments and other expenses, and design and some finishing material sourcing.