This site is an incredible platform that has numerous resources so definitely take advantage of it all.

However it seems like there are numerous options for that nowadays. 

The reason I ask these questions is the numerous appraisals that indicate ADUs added less value than the cost to perform a hands off ADU addition (as a developer your ADU addition is not hands off).  

There are numerous RE companies in LA that you could learn on someone else's dollar.

They run those commercials with the big checks and that damned song, people going crazy with unearned success, "Miracles can happen, can happen to you..."

Of course I really love the ADU in the multi family space where you can build multiple ADU's on one lot as well as convert non livable space like car ports, breezeways, and storage areas to livable units so long as you meet fire egress.As to Dan's comments, I agree that appraisals are not coming in to the cost to build in many cases (but not all cases) which can trap equity which is why I have specifically stated numerous times the importance of a long term hold (bare minimum of 5 years and 10 years better).

Very thorough reports generated, line item details, categories, ability to have numerous different budgets- love it!

We've had numerous problems with these properties, but to keep it short, I'll keep the story to the problems that we're dealing with currently.We thought we were finally wrapping up on these properties, when the city found out that we didn't register the buildings as vacant.

Because of the property's current conditions, you have numerous other options available to you that currently, that could suit you better.

Currently, I have one retail/restaurant property with approximately 11,000 sf and 5 tenants and another office/mixed use property under contract with about 17,000 sf and the potential for numerous tenants.