My goal is to gain a solid understanding of the process, master deal analysis, and ultimately close my first deal.Right now, I’m focused on learning the basics — from finding motivated sellers to building a strong network of cash buyers.

Expect a custom ADU to take 9–18 months, with 3–6 months for design and permitting and 6–12 months for construction, depending on complexity and contractor availability, and the speed of processing permits.

The process was fairly smooth for me.

Congrats on getting the home and starting the process.

Obtain the necessary insurance as well to guard against any hazards or damages that may arise throughout the renovation process.6.

Achieving a great cashflowing property, learning the process while executing, and great satisfaction of helping a family.

Im presenting myself as a honest and transparent person looking to build relationships and learn the process of flipping a home.

Since this is my first go around - I'd really appreciate advice on the following:- any references on lawyers /firms to work with to go through the Barment and foreclosure process without breaking the bank.- Ball park ranges - what can I expect the cost of this process to be?

Emphasize how this arrangement could work to their benefit, offering steady income, avoiding a traditional sale process, and giving them the freedom to move forward with their plans such as buying that sailboat and sailing around the world.If they ultimately decide they’re not interested in selling, you’re still in a great position to continue your search and buy your own property in the near future.

Then it's just a matter of finding your next flip and rinse/repeat the process.