Aside from cost and finding a good contractor, my major concern is safety of the home while it's vacant and being worked on.

A typical policy covering up to $15,000 in property damage and $100,000 in liability coverage costs under $200 per year7.

Would love to know more about the market, what to look out for, and any areas to avoid at all costs.

Since I’ve increased my deal flow to a significant degree, I find that this technique eliminates the wasted time and effort of dealing with people who aren’t highly motivated to close a transaction.  

Some are forgivable at a rate of 20% per year and after 5 years they dont have to worry...Others take 15 or 20 years before it becomes 100% forgivable.Some are not forgivable at all...With this deal I would be less concerned with equity that exists and more concerned with the amount of that equity can the "Moderate To Low Income" of a Habitat Homeowner support in loan format.I am almost certain that its possible but your going to want to know the terms of the DPA/ Grant so you're aware of the actual cost and you have to see what the DTI looks like to see if it will fit what theyre looking for.

I would like to converse with the owner on cost, process, hassle, lessons learned, etc but only the agent is at the open house.  

Based on the age of the surrounding facilities and lack of new, updated options, coupled with increased residential development projects in the area, my gut tells me it is a great location but don’t want to assume that if I really should be basing off of TOTAL nsrf being below or at 7. 

It only costs them $50 per incident.

We originally listed on apartments.com because of the other 4 unfurnished units, but decided to put the furnished units on there too since it didn't cost us anything extra.

A Stanford study revealed that over 75% of the ADUs built in San Jose between 2016 and 2020 did not have a permit and are therefore illegal housing units.The lengthy permitting process, high construction costs, and shortage of tradespeople are some of the factors motivating property owners and contractors to take on the risk of building, renting to tenants, and/or housing family & friends in an illegal unit.