Getting good at talking to sellers is one of the highest-value skills you can develop as an investor.I do have a proven approach to talking to sellers.

Purchase price: $80,000 Cash invested: $16,000 The property was not fully developed, it was partially built, with a bank loan I finished it and made it ready for market, the investment has been fully paid and the property management has been a great learning opportunity.

Realtors that have clients who flip and fellow developers also have good recommendations.

My husband and I have developed relationships with folks we use but we haven't needed a general contractor.

Pros and Cons to both sides of the coin - I say find a place you know well (or have people there you trust) and develop a strategy that matches your appetite for risk vs reward! 

So, in the name of full transparency, I am a complete novice to real estate development and have learned a massive amount about starting a business, real estate in general and a whole lot more about how cities/counties and government works in the world of zoning and planning.Over the last two years, I've gained some significant traction with several jurisdictions in terms of a tiny house community development and the triumphant return of the "missing middle".

I live in a community where container development is appealing because it allows us to circumvent local building codes and deal directly with the State.

Planning to ramp that investment business up now with a specialty in ADU development and have started to explore relationships to do so including a family member that owns a successful general contracting business and others with capital to invest.I'm hoping to find other people that bring something to the table and are actively trying to learn the playing field for ADU development under the new laws. 

There are  so many ads on craigslist right now in the area mostly from the new development.

While we can afford it, it would definitely compromise being able to act on a true investment opportunity that may develop.