How long are you planning to do this approach?

My guess is he has seen sellers harmed in a big way in low value low credit markets he works in so for sure could have a negative bias.And this goes for Sellers to right now many are getting approached since you have armys of folks making offers this way ( I get them monthly and can tell they are sub to training disciples based on the offers they make) unsophisticated seller who does not engage a very good RE attorney to help with these is taking a massive risk

I get it lets just have a little gentler bed side manner is all I was saying.. but hey as long as the mods are OK with it and your OK ..

We are everyday approaching a European model where people own less and less of both land and buildings. 

Does this approach make sense as a first step for us?

Examples could include:Partnering with other investors to share risk.Using seller financing or lease options.Leveraging creative rehab techniques to save on costs.Negotiating with contractors in a unique way to reduce expenses.I’d love to hear any stories, tips, or approaches that helped you pull off a deal others might have instantly passed on.

However, it requires a long-term approach and more responsibilities than stocks, making it a more diversified portfolio.Good luck!

OP look at your buy box, REI strategy and approach. 

For investors, this presents a niche market to target families seeking multi-generational living arrangements.Things to Keep in Mind:SB 9 projects must comply with local ordinances, which may include design and setback requirements.Properties in historic districts or areas prone to environmental hazards may have restrictions.Lot splits under SB 9 require that the owner occupy one of the parcels as their primary residence for at least three years.ConclusionSB 9 represents a significant shift in California’s approach to zoning and housing.

I’m curious to hear how others are approaching their 2025 planning.