Think secondary and tertiary markets, not high-end coastal areas chasing appreciation.What this usually looks like in practice:• A primary residence with a basement, garage conversion, or ADU-style layout• Separate entrances and utilities where possible• Rents priced below market but still strong on a per-square-foot basisThe biggest constraints are zoning, insurance, and financing, not tenant demand.

No YouTube video or online course can prepare someone to entitle land across different markets.Once you select a market, I strongly recommend engaging a local zoning attorney and a local civil engineer who regularly practice in that jurisdiction.By way of example, I am based in Philadelphia and have encountered very different entitlement issues across projects: one involved an overlay that required negotiations with both the Planning Commission and the Historical Commission to make ADA-compliant façade changes; another required stormwater and Streets Department reviews before a zoning permit could be issued; and a separate $20 million development I am currently working on ran into a conflict between zoning approvals and the building code due to a design team oversight and is now undergoing a redesign.Investors operating in other markets will face their own local land use, zoning, and code issues that are just as nuanced and location specific.As far as the value that's created, there must be a very compelling story of value add for lenders to treat the imputed equity borrower's equity participation.

Hospitals, job sites, universities, relocations — if demand isn’t obvious, the deal usually isn’t either.What’s the first thing you check when analyzing an MTR deal?

I’ve noticed a lot of misunderstandings around note investing—especially from people new to it.What are the biggest misconceptions you’ve seen, and what’s actually true in practice?

That said, I’m very open to the idea and willing to relocate to gain the right knowledge and experience.

I don't know what qualifies and whether it is practical but it is worth looking intl.

This will allow folks to sell their homes and relocate. 

I'm not too worried about overpaying, just about getting bad value, or worse yet, bad practices.

We're looking for a teammate, not an order-taker - someone who understands negotiations, protects our interests, and helps us reach the finish line confidently.I'm direct and reasonable, and I value practical advice and transparency.  

Just asking if it's standard practice.