Thank you again.If you can walk it with the contractor, that would be my #1 recommendation.As a distant second, you could gather up all the photos and vids you have and just send those to your contractor to get their high-level estimate.But, you want #1, not just because it's more accurate, but also because you get to ask your contractor questions as they walk the property to better understand what they are looking for!

Building a team of trustworthy professionals is indeed especially when investing in a market that may be distant from your location. showing experience before pursuing larger renovation projects resonates with me, and I appreciate the reminder to take things step by step.Your suggestion to find an agent who is also an investor is a great idea I'll definitely explore that avenue to leverage their expertise and existing network.

Apparently, in the distant past, sometimes people wouldn't actually transfer funds.

I would say that a 1.20x DSCR ratio minimum for BRRRR is a bit high - plenty of options out there that wouldn't require such a hurdle A lot of industry DSCR requirement doesn't make sense actually, typical cap rate right now for single family with average price of $1.3 mil in SJC is about 1.5-2.0% right now, DSCR is whooping low 0.3-40.I don't know how you guys could qualify DSCR rental in CA these days.Now that our friend in Milwaukee is having trouble getting financing of his own, and we speak about Milwaukee here where not too distant ago, it was in double digit cap rate territory.my question to you lender folks how are you adjust to these situation ?

Investing into another residential rental doesn't make a ton of sense from my distant vantage point. 

I would not be surprised if the owner occupancy requirement associated with JADUs is removed in the not so distant future (but I would prefer if it was not).  

Investors are usually willing to let lifestyle living take a back seat while they begin their investment journey so that in the not to distant future they can be living the life style they desire with less stress.  

Minimize expensesMaximize income is a distant 4th.

I don't remember the distant requirement mentioned though off hand.

If it's important to be able to resell the property in the (near or distant) future, having a title insurance policy is obviously a huge benefit of using a title company, as well.