Why do you think purchase contracts are so long and have such small print?

Purchase price: $55,000 Cash invested: $30,000 Purchased property was renter-occupied at $600/month at the time of purchaseDid not renew lease with tenant.Completed full Renovation at $30,000 6 days on the rental market before the property management team got a signed lease at $1200/month Renter moved in July.ARV $179,980 What made you interested in investing in this type of deal?

That money goes towards the purchase if made, or is forfeited if no purchase takes place.

Each option has its pros and cons, and I'm hoping to get some insights from this community to make a more informed decision.Option 1: Building an ADUPros:Increased Property Value: An ADU can significantly increase the value of my primary residence.Control and Proximity: I can closely manage and maintain the property since it's on my land.Potential for Higher Rent: ADUs in bay area can fetch a good rental price.Flexible Use: ADUs can serve multiple purposes – home office, guest house, or rental unit.No Additional Land Purchase: Utilizing existing property means no extra cost for land acquisition.Foundation improvements: I will get an upgrade for my foundation which increase house stability.

With many people's help I recently made my first buy-and-hold purchase of a duplex in Fort Wayne, as an OOS investor! 

The tried and true way is to purchase a off-market property, rehab for no more than 75% ARV, refinance to get your money out or payback the private hard money loan - start short-term leasing the property.

Obviously each person needs to determine if this is right for them & they need to actually qualify for the loan. 

Purchase price: $250,000 Cash invested: $65,000 This is my first flip.

I simply need a location, and I can provide a report comparing it to surrounding areas and determine whether it has a better or worse chance of appreciating compared to said areas.

I'm interested in networking with investors who want to purchase multifamily assets in the Michigan or Ohio markets.