John gives good advice.When planning any building like this, check with the local planning and development commission to make sure this is doable before you spend any more time or resources on it.Here in seattle all single family lots allows a second accessory dwelling, sometimes called a mother-in-law.

Peter Conti has a good boook that goes into great detail about working with pre-foreclosures and other investing, using the "subject to" technique, and this is a popular technique in wholesaling properties, because you can buy without obtaining new financing, tie up the property until you can identify the buyer who has financing.

I plan on developing a strong business.

Usually the personal relationships take you further than anything else and conferences would be an excellent place to develop those relationships.

Kotter).Great that you have some development experience under your belt.

She has a book out that is on my list to read ... maybe someone on here has read it.She was a Realtor and a developer for a number of years.Good Luck,Jason

Buying to flip is still an option if you get it cheap enough to truly wholesale to a long term holder, but we are now mostly buying cheap, then doing lease options and helping buyers develop a long term strategy to clean their credit up and save some down money.

New development is rapidly approaching from Downtown, while other nearby neighborhoods with similar 1920-1930 homes are being lovingly restored.

I know of a development that just got approval in our town.

You have to check a lot of places to develop that skill.John Corey