There are several myths that we have to debunk before someone truly believes they can do it.You need millions of dollars to do a dealThat it’s too complicated to figure outThat permitting takes yearsIn those communities developments cost way less (think a couple hundred thousand along with a loan from a regional bank), permitting is not difficult (much less red tape), and the towns are small enough that both the city staff and the local architects and engineers and contractors all work with you to help you navigate the process since you’re all invested in making your community better.Note: The big boys can play in the primary & secondary markets.

I hired a surveyor,  engineer and ran through the process with the city myself. 

Since it was a structural change, you need an architect or engineer to draw up plans that make sure the new changes are safe of course. 

I have heard you have to own land with all permits and engineering completed before closing on the construction loan exclusively in California. 

However, after further research, I’ve noticed that Charlotte, NC, and Raleigh-Durham, NC, are experiencing robust rental market growth and expanding economic opportunities.

For the foundation I would bring an engineer out first before bids.

@Ken Almira don't buy a Florida condo w/o checking that they've passed their engineering inspection and their reserves meet the new requirements.

Is there a point of contact person/business that handles all home investor concerns (general contractor, engineer, etc.)

Since we used small investor capital to buy and sell loans, we had some investors that were softward engineers.

Look for warning signs like wall cracks, misaligned doors, or uneven floors, and always get an inspection from a structural engineer (not just a foundation repair company).