Even though we purchased the property at market price, I do see a lot of hidden value in it and after hearing you on podcast I think you might be the one we need to help us visualize the full potential of our property.

Coming from an artist/graphic designer background I have learned that its hard for people to visualize what the finish product might look like.

I'm a visual learner 

I ultimately built my private lodge and conference center on the property, which is surrounded by retired high profile former rock stars and others seeking privacy in an area in San Diego county.While on my mission to find the ideal property, I made a list of the criteria and visualized not only what it would look like but how it would be used.Early plans called for property search efforts in Santa Barbara county's Santa Ynez Valley.  

I haven't been in the property yet, but Code Enforcement gave me a decent visual of how the property looked and told me the violations were more cosmetic than anything.

Jason these problem can be visualized like these:a) Cheap Money regimeb) Expensive money regime (post 22) Then we do have always options for investment :a) liquid cash investmentsb) stock / bond portfolioc) Equity residential investmentd)Debt investment There's recent survey from Citigroup that showing a family office has different strategy when financial condition is moving from cheap money to expensive money regime, for example, during 2010-2022 cheap money regime, it's not difficult to be agressive in equity investment (such as buying rental) as spread is huge (6-8%) ; but during expensive money era, like someone also mentioned above, the spread is only 2-3% now.I can always generate 8-9% "almost safely" with public interval fund or BDC while equity is also offerig something like 8-9% IRR, so between debt investment and equity investment , is not big of spread.

Buyers cannot visualize themselves living in the home.

. :)Many times, the pipes will be updated visually, but galvanized behind the walls. 

They would send the handi men over and do the visual inspections, giving me a heads up on everything.  

We saw it and visually inspected it the first day on market and put in a no contingencies offer (no inspection, no appraisal, cash) immediately for $90,000.