@Nolan ConnorI tend to side with Russell, and if you are able to prove it, how much you gonna spend on legal fees and even if you win, does that person even have the $14k to give you?

I hope new members feel encouraged to participate here!

AshleyNormal, however you have wide latitude in the actual agreement you agree to sign, how long, how much commission, that’s not to see individual agents have to agree to your terms, but if you feel uncomfortable with the terms you are free to negotiate or shop around, however an agent cannot legally show you a house without an signed agreement of some sort. 

Having trouble analyzing this deal as there are so many variables and I do not have the experiencing analyzing deals to make me feel comfortable taking the risk.Purchase price of the land would be $250,000 not including closing cost or fees, and construction for a new 3/2 home with an attached 1/1 ADU is estimated to cost around $300,000 - $400,000 finished.

I personally don't agree with the cost per square foot method, way to vague and inaccurate.

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.The Cost Segregation Study was performed on the Asset Depreciation Range (ADR) and is based on a 40% tax bracket for State and Federal Taxes.

Unless I'm missing something here, it sounds like just renting it out personally is the best option. 

Say fair market value today is $250k, and a person doing DSCR will be around let's say 8% all said and done.

Still I feel lucky to never having needed to do an eviction.  

Feel free to shoot me a text and we can set up a time to talk!