I’d definitely double-check with the lender on whether the assumption requires for full approval and what fees are involved.

I’m intentionally pressure-testing the structure before committing further.The deal involves a 31×110 infill lot (~3,400 sq ft)zoned to allow a duplex by right, with an overlay that may support an accessory dwelling unit (ADU).

Just to add some context on our side: we’re currently using our own capital, so there’s no financing involved at this stage, and we’re not yet benefiting from portfolio-level insurance or lending efficiencies.With fully loaded expenses (vacancy, management, insurance, taxes, repairs, reserves), we’re generally seeing in-place cap rates in the ~6–8% range, depending on the specific sub-market and asset.

Maybe a contractor would be more directly involved to assist you if you gave them a small piece of the deal as compensation. 

BP is all about education so I'm surprised that any BP member would fall for a scheme like that and, hopefully, my little contribution helps open people's eyes, alongside others like Vernon Martin.

Leverage magnifies return.3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

If any of those are uncertain, this may be better as a learning deal to pass on—not a “must win.”Happy to dig deeper if you want a second set of eyes on the numbers or strategy.

With the right strategy and a keen eye for detail, real estate can be a rewarding venture.

No agents involved, no competition, and you're talking to people who actually need to sell.Once you've closed a few deals and understand the process, THEN you can start building agent relationships from a position of experience.Adam is right, learn the business first, shortcuts just hurt everyone. 

If their marketing strategy discusses how they get your property in front of more eyes because of their broker's system, that's usually BS because it's just an MLS IDX feed.