I currently put contingencies on the following milestones:Contingencies (able to achieve the following milestones)Site PlanningBase MapSite Plan (End of 2021)Conceptual Site Plan (Beginning 2022)ArchitectureFeasibility Design (End of 2021)Conceptual Design (March 2022)Entitlements & PermitsPre-Application (Beginning 2022)Application (mid-late 2022)**Buyer Submits Refundable DepositBuilding Permit and Inspections (End of 2022)Final Approval to Build for purposes of a banquet hall (End of 2022)**Funding Land Acquisition General ContractorSite and Civil Work (End of 2022)Certificate of Occupancy (Late 2023)Is this the correct approach or is there a better way to structure this offer to take on the least amount of risk?

For example, are you the kind of person where, if you invested a few/several thousand in a course, that'd you'd be motivated to the point of not failing because of that skin in the game?

As for purchase price, anything you can use to get a better price is fair game.

Game cameras are cheap and can give you other angles of the house on the super cheap.

I know the pains and struggles of the self-employed game, and I haven't used traditional financing for any of my properties, as I still haven't hit that 2-year mark.

Younger investors, or older ones without kids and parents and dogs and other such things can certainly choose to live in a duplex unit.I don't expect this to be a game changer, although I do expect that it will change the way ADUs are appraised.

 @Kenny Hall: 

. #1 getting deals is about making lots of offers and its a numbers game and offers have contingecies.

I don't feel playing the appreciation game is the best strat after the housing market increase the past 10 months. 

For someone strapped for capital, the additional ~$10-20K saved by not having to furnish a property is a game changer.