There are a variety of ways to go about it, and it really comes down to how much time you’re willing to spend on certain tasks.If you’d like to partner with people, you’ll be leaving a little money on the table since they’re most likely bringing the deal.

I have NEVER finished a basement but have had houses with finished basements done by prior owners.In the south basements and slabs are the norm as well as areas with high water tables. 

They have no idea what a reno cost is, how to come up with an ARV or how to table up a deal. 

You should also spend extra for durability when it comes to couches, tables, bed frames, and mattresses etc. 

welcome to BiggerPockets, It’s awesome that you’re exploring multiple strategies you’ve got some solid options on the table.

When the SHTF You might see gold buyers setting up card tables in front of closed businesses or inside grocery stores buying all forms of gold.They're not paying top price for this because they have more Sellers than buyers.If you do not take the gold for delivery and have some sort of representative interests in the gold- look up what happened to Iceland during the banking failures.

Wholesalers can help you find deals faster, and private lenders can get you to the closing table without the slow process of bank financing.

The reality is the land has value.This study released by NAR is slightly dated (from Nov 2021) but has a table of property values with an ADU and value of properties without an ADU for many of the larger cities (look at the table at the bottom) .

Friends and family have a place, but I like them at the dinner table rather than mandating they help me with rehabs.  

Let the Market RecoverSelling into a soft market could mean leaving money on the table.