If a detatched ADU is built in the backyard, it would need to have a new 100 Amp electrical subpanel right from the main electrical meter installed by the utility company.

I am a new investor in Columbus, OH, working on my first multi-family deal in Old Towne East.

As a Realtor, I pay almost nothing in fees to my brokerage compared to everyone else I have talked with, but my brokerage is not a big brand, I don't have a built in-assistant/transaction coordinator, there is no training program except the school of Hard Knocks, and most of my marketing I have created myself.

I live in small town of 2000 people in northern CA so it’s a little tuff to network.

The house was built in 1980 and the soil in the area is bentonite. 

The intent of this lunch is simply to let him know I admire what he built and let him know where I'm at and what my plans are.

Joe I see this as highly regional.. when we were flipping in Dallas almost all appraisals came in low and we had to negotiate.. it was frustrating and since the homes were FHA buyers they no had any more money to make up the delta.. and with the uber high tax's there you just have to let them go and make less or break even on the flip.. we just were not efficient enough to compete there.In Oregon and Charleston were we do true NEW construction for retail in the 450 to 2 million price points.. we have not had one appraisal come in low.. they come in at our sales number.. and this last community we built.. the exact same house we built the year before on the same size lots we sold for 75k more.. and they still appraised.. that's good appraisers keeping up with rising markets.. in Texas it was not that way the appraiser were not tracking the rising market like they should have.For the average homeowner to use this strategy could lead to some frustration of making offers paying for inspections and appraisals and then trying to negotiate down only to have a sale fail and be out 1k or more and the time involved..

I am also planning to likely do a flip to see how it goes as I have already built some relationships with local wholesalers and have a private lender or 2 lined up for once I land a good deal. 

I only have small bits of advice in REI, but I've built successful companies in the past so can talk your ear off about that side of things.Anyways, thanks for reading and please reach out!

The property is a nice, well maintained property in a nice part of town.