What is the end game plan?

I'm spending this week learning about foreclosure investing and a question came up that I hope someone could lend some insight. 

Here is the specific language from Assembly Bill No. 68:a local agency, special district, or water corporation shall not require the applicant to install a new or separate utility connection directly between the accessory dwelling unit and the utility or impose a related connection fee or capacity charge, unless the accessory dwelling unit was constructed with a new single-family home.If the Planning Department is telling you that you need separate utilities and you're adding an ADU to a lot with an existing SFR, refer them to the above language from AB 68.

If you don't have sponsorship, by definition you don't have a deal - full stop. in some aspects, but but I'd argue in development you have to find land and partners at the same time. you have to have a competitive advantage and local knowledge. may not apply and probably different sectors. we break development up into multiple raises like Series A, Series B, etc in venture debt and discount equity tranches based on what stage the investor comes in for higher returns it's earlier like when we are investing in engineering services etc we recapitalize and spend our money with an equity sale and recapitalization. structured finance is so interesting 

Is that your plan?

The open floor plan seamlessly connects the living room to the kitchen, making it perfect for entertaining guests.

I'll be honest the new building/development world is extremely tough to get into and unless you are planning to do it at scale or have a super unique way to find land/deals the risk usually isn't worth the reward. 

I am planning to move to Dallas.

The current landlord is giving lease termination notice before I close I plan to rent the upstairs apartment to current or new tenant.Do I need an umbrella policy or will homeowners insurance be sufficient?

We plan to do this full time and are committed to generating a real estate empire!