I have found two classes with membership options but I am having a hard time deciding which class or if I even need a class.

Typically need to be prepared to put down 25-30%.

There is likely a phone number and persons name that will come up, that you can reference, since he is having bills that arrive to the mailbox and packages to the door with his name on them.You could make it a pre-condition to the seller that he allow a background check on the tenant before closing and your offer is contingent on your approval.Neighbors typically know what's going on in the neighborhood and will know who the guy is and if he is a trouble maker.He probably has a car and a private detective can run the plates.And so on.The information is readily available is the knowledge is worth knowing.

Are these good options? 

The potential ability to add 6-8 additional homes (to rent or sale - still evaluating options), under the new building codes to help spur more housing is the most intriguing thing about this property.

Hi Sam, For a DSCR it is typically between 7-9%.

If you add 2 ADUs traditional conventional F/F is typically not available but in this case the 2 units makes 5 unit.  5 unit s commercial MF with different rules and means to value.

Typical tenants are often not tidy.

I had thought of advertising the properties ahead of time to sell them before construction starts and give people the option to pick a few details on their own just to get the properties sold ahead of time to help with financing.

What are the typical timelines, and are there any tips for navigating this process more smoothly?