Texas continued to lead the charge, with Dallas, Austin, and Houston benefiting from sustained population growth, job creation, and pro-development policies.

I think it is unlikely Torrance was such a location (as there was only a few in southern CA) but do not remember for sure.Building a single small unit is the most pensive residential development costs.Add the other issues with ADUs especially in Ca and ADU additions are typically a poor investment.  

There are other markets in Michigan as well but Lansing is the State capital with lots of economic development which drives jobs, which drives housing demand, which drives rent growth and appreciation.We have local property manager partners in these markets that are experienced, can handle unit turns to rehabs, and the other local members of the team you will need.To Your Success!

Open to all those wanting to learn more about investing in Buy/holds, ADU, STR, LTR, SFR, MFR, Land, Development, Joint Ventures.

Work on developing your technical skillsets and job. 

We have five homes we lease to assisted living operators, and are partners on multiple ground up developments with the operators.

While my primary source of income for quite some time has been real estate investments and development I still provide some legal services and can speak to the challenges you will face because like what you propose the service I provide are best described as proactive so here's my take:One of the biggest issues is that investors at different portfolio sizes have very different expectations and needs.

Did you develop your own NOI or use theirs?

You can tokenize development phases rather than forcing all the risk and capital into a single moment.

The 7 Lakes property is beautiful, and it may be possible for someone to add cabins, etc for a fishing resort type use, but other than that, zoning wouldn't support development.