@Lawrence Bland, all of this is from my own perspective, which is likely different than yours.I see buying as a much "harder" process than building.  

Just for fun I looked up the rate to borrow against your portfolio... 7.8 - 10.88% VARIABLE interest at ETrade from Morgan Stanley (see pic).  

Or have someone buy properties for you.I like to see number 1 and 2 become a part of an investor's life.

A few things I've learned are: 1) Banks/Credit Unions like to see 2+ years in business at a minimum, 2) In addition to your FICO score, they also like to see business revenues via tax returns, 3) They sometimes build their credit decision off of a % of your business revenues (i.e.

For example, if we know the gross rents, how does the institution estimate operating expenses, vacancy, etc for the purposes of calculating the NOI so that they can determine DSCR?  

@Doug Spence check out https://symbium.com/ it's a good site that let's you see your lot's feasibility and connects you with ADU contractors.  

If you have a bank you're considering using, I would reach out to them and see what they say.  

Im in Central FL so we still see pretty strong demand.

Thank youSS I work with a lender familiar with this but they are going to want to see a very large downpayment. 30-50%. 

I see a lot of ads when reseaching online that make it sound like my scenario is possible, but I've been skeptical.