The best one I completed was located in Concord (sub city of Charlotte) in October of 21 Purchase price 94,000Reno 47,442Appraised Value 205,000 (we originally estimated a 175k ARV)On this one, we carefully picked our finishes which needed up making it the nicest one on the block.

Finish framing would be install of doors and trims.

I am pointing this out because in addition to the cash to close, you will need cash to finish that mother in law suite before you can generate income with it.

This gave us the opportunity to move the family back to Florida so our son could finish his last year of High School in-person.

Also your finishing work unless you are a natural will look less than professionalThe way to not get taken advantage of is to have multiple quotes, detailed contracts, and to do your homework on construction.Construction projects are as high risk, high reward, as D class inverting.

I got all the way to the finish line with one lender, and they backed out last minute. 

Someone bought it to reno it, got started and never finished, so sold it at a loss. 

What are the steps from start to finish?

Hello All,I’m finishing an ADU in San Diego, one of the last construction items is AC.

Hi everyone, I am looking to see if anyone in the BP community has had experience with retroactive permits for partly finishing a basement in a single family residence.