All in all though, I think being adaptable and flexible in this situation will prove best instead of a “ONE WAY ONLY” approach.

(Willing to connect with anyone as I will be entering many different fields/approaches to real estate)

How should I now approach re-negotiations with the seller?

I plan to stay put until the next cycle approaches.

I hear you on the house +ADU strategy, deff understand that’s my best approach.

All these avenues should help you in refining your approach before you can ask questions related to the type of debt, data (T-12, RR), reasons why the owner is actually selling so you can define what approach to take in term of financingI hope it helpsGood luckCedrick

Many people come to me with that approach.

Because getting financing through a new LLC is difficult, how would you recommend approaching securing the financing and title with the LLC?

Not the quickest given his size, but good value for money so far for what we've done.I am hopefully going to be bringing him a new project here soon, but I'd be doing him a disservice if I did not offer up his name here.Otherwise I'd be interested in hearing what you find as you keep shopping.

As someone coming from an appreciation-only market prior to moving to NC be the best way to look at it is from the 2-5 year approach and factor in things like local growth, school districts, employment centers, and the bottom line of the property.