It’s ideal to have them view the property after the inspection, so they can consider any issues discovered during the inspection in their bid.

However, after receiving the survey results, I discovered that the house is located less than 1 foot over the sublot line (see attached image).Here are the options I’m considering:Rent the current house for market value (~$1,500–1,600/month) and convert the detached garage into an ADU to rent for ~$1,000/month.Relocate the house to split the lot, then sell the newly created lot (~$100,000) while renting out the existing house.Relocate the house to split the lot and build a new home on the second lot.Demolish the current house and garage, split the lot, and build two new homes.At this time, I am uncertain about the cost of relocating the house.Questions for the community:Has anyone faced a similar situation?

I hired my own expert and discovered these issues did not exist but that the expert the 3 buyers had brought in wanted to be hired to do the work so they blew them out of proportion.

We have been in touch with a few investor realtors in the Knoxville area, which seems to be largely discovered now.

I’ve seen folks pivot their plans quickly if they discover one city has friendier permit processes than another.And yeah, the Phoenix area has some really down to earth investor meetups, from what I’ve heard, that can help you level up fast.What aspect of the business are you most excited to tackle first.. managing construction, or scouting out those under the radar leads?

Discover the Top 10 Cost-Saving Strategies for Wholesale Buyers—Download Now!"

Have I just discovered the secret to getting rich in real estate?

We discovered problems that required a lot of work and significantly reduced the property’s value, forcing me to lower the price.

Try not to get overwhelmed as there’s a lot of information on BP and many avenues within real estate investing.When I was starting out, I was interested in so many strategies, but I discovered that I did my best when I focused on one or two and really built my knowledge around them.

However, recently I have discovered a small cabin about an hour outside of Salt Lake City on roughly 2 acres of land for sale.