Lots of building code requirements that won’t be inexpensive to develop this into an ADU.4 Secure the proper permits and all required inspectionsAside from zoning and building code issues, the question should be what the cost is and what will it rent for and how long to recoup your money.

City of LA's development standards are very nuanced, so you'd have to check with an entitlement consultant or architect.

Partnership taxation especially is not a DIY task. 

It’s still affordable with properties in the $120–180k range that hit the 1% rule and cash flow from day one, and the appreciation potential is strong because of all the development happening.

For a bit of context, I’m a Los Angeles–based agent and investor, and I also work on small development and value-add projects locally.

No first timers, hobbyists, or anyone we haven’t gotten to know and developed a relationship with.

Do one task at a time in each app so you can compare apples to apples.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.

I’m just glad BP doesn’t have a down vote because at times I do not think people like to hear what I have to say (brutal honesty) The other one that is out there, that I know Stuart has seen as well, is the “GP or LP” who puts on their website all these development deals that they never did.

@Michael Cadden,Welcome to the BP community.Great job getting started in the development space. 

I’d be happy to connect you with our Business Development Manager.