What I find in California is that a lot of hobbyist investors buy these parcels assuming that the previous owner simply couldn't afford to pay the property taxes, but that's often not the case. 

Talk to people, ideally brokers and veteran investors. 

There is no scenario where this isn’t a gift given to real estate investors to encourage it.

Wonder what is triggering it, and whether it is sustainable if it is mainly driven by STR investors and things start to saturate. 

There is not a better place in the world for an investor to find the right community, resources, partners, and passion to get them started in the right direction. 

Hi Community, Requesting help form all East Bay, California builder/investors experienced with an ADU (Additional dwelling Unit) build.  

for real estate investors available to all BiggerPockets members!

average investor wants to make about 10-15% on the transaction 

If so, as an investor I would be happy with the decision you made.

Because prices are so high in Washington, I had been considering investing out-of-state, but after reading feedback from others in this forum I realize that the smartest approach when starting out is to invest closer to home.Therefore, I would love to hear from other investors in Washington about where in the state it’s still possible to find deals.