This should draw further capital and also people looking to relocate for the cost of living. 

This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.

Here are some specifics:Purchase price: $955KSeller Finance offer: 20% ($190K)Reno cost: $90K Ideally we would like to do a Morby Method where we purchase the home via conventional mortgage or hard money lender and on the back end have the seller lend us the $190K with a second position lien on the property and a 5-year payback.

Cons: Delays buying a house hack, Greatest risk of another repair or eviction causing a larger cash issueOption 5) Self-manage the properties -- Pros: Improves cash flow by ~$100 / unit / month, I self-managed this portfolio for 3 years and believe that I was more effective than the professional property manager, Can do this in addition to any of the above options.

Even with an FHA, the work needed can creep upwards of similar or more than the closing costs, so you're looking at doubling your cost to own a multi-family property. 

The effective amount you would be paying is less even though the top line sale price is more. 

The result is that the cost to add a hands off ADU is much greater than will be added by the ADU.  

Despite these challenges, the successful sale at $39,000 highlighted the importance of strategic planning, effective marketing, and strong partnerships in achieving quick and profitable outcomes in real estate investments with Partner Driven.

I was thinking perhaps it would be easier to just bring a general contractor to walk the site and provide an estimate on all the rehab costs, rather than to find separate contractors for each specialized task.For those of you who have worked on fixer-uppers, did you bring a general contractor to walk the property with you and give an estimate on rehab costs?

Lots of good advice above. 98 percent of wholesalers don't even know how to evaluate rehab costs and have no access to get the true ARV and don't care either way, they are just trying to make the biggest spread instead of finding the best win-win scenario.