Ultimately it is the owner's (your) responsibility to discover all this kind of stuff and make all the calls to the city/county, checking on any restrictions in place.

I'm looking to build a team of contractors to work on flips and repairs in Bakersfield, CA.

Also, it is a new build, so maintenance is going to be minimal Rent Numbers:I can rent the house out for 2800/month conservatively (maybe 3k)Loan Details: mortgage remaining: 310,000FHA matures 10/1/2050rate:2.75%asking price:590,000

To be clear my market is very heavily tilted towards appreciation only FYI https://www.amazon.com/Building-Wealth-One-House-Time/dp/007...

Our goal is to sell the first plat with the house and use the money to build a modest modular duplex on the other plat to rent.We are both very inexperienced when it comes to building and renting, and need all of the information we can get- what are some unforeseen costs associated with building a modular?

We would like to start building our portfolio with a long term rental, preferably a duplex, using a property manager.

Also when developers build they have to leave green space , BUT they can transfer that to another parcel in the county .

Plus, you continue to build appreciation through mortgage pay down, as well as market appreciation as well.Timing is up to you… now if your potential new investment will cover the higher interest rates you see today.  

I want to buy the property on terms and demo, build a new house.I want to structure an owner finance deal with him where I either pay him interest only on the lot or no payments for 18 months (or until the new house completes and sells whichever is earlier). 

The value of 3 acres zoned multifamily vs 3 acres that has full entitlements (meaning you just go to the city to pay permits and start building) is significant.