Also, if it's in an HOA, you need to find out the dues so that they don't put a lien for nonpayment. the risk in a situation like this is the lot is not buildable for various reasons and the owners just let it go to tax's.. the time to find all this out what before you bid.  

Most new construction ADU projects will need a panel upgrade, potentially a conduit upgrade and right of way work depending on your utility setup.

I'm new to the wholesale / fix&flip / rehab strategies for buying & selling properties, and one of the main barriers to entry I run into with potential interested investors are the capital requirements to start their first project. 

Evaluate each opportunity carefully and consider factors such as risk, return on investment and long-term financial goals.Good luck!

On top of that there is always going to be that risk of a bad tenant.

George - I think that the owners most likely to seller finance a portion of the sale are those that have owned their property for a LONG time (potentially looking for residual income) and owners than own their property either "free and clear" (without a mortgage/debt) as they have more flexibility.

The DOTs position is that we should have consulted with them concurrently in the design phase and because we didnt we took on this risk.

I am looking for vendors you use for your direct mail (postcards) to potential acquisitions.

Posting on FB groups can lead to potential prospects. 

Hey Sharma, if you know all the risks associated with buying RE and doing section 8 there, then by all means go for it.Lots of people are telling others to "go there" because the inventory is high and people need to get rid of it.As someone else mentioned, before you make any investments, go drive around and make a decision for yourself if you want to invest there.One last piece of advice: Don't just look at the numbers.