Once confirmed you could do the addition you would engage an architect and civil engineer to develop plans.3.

Pay the extra money for a structural engineer if you are buying in an area that is notorious for expansive soils and structural issues.

Reverse engineering that means you have $600k in buying power.

STRs can benefit from engineered cost segregation studies but it can be a case by case basis.

The type of adaptive reuse project you are describing might take months or years to plan depending on how busy your engineers, planners, zoning attorneys,  and general contractors are in your market.

If there was a news station or an algorithm that could do it perfectly all markets would be in equilibrium and there would be no money to be made.

Metes and bounds from a surveyor or civil engineer are probably fine.

-Real estate agent-Title company-General contractor-Real estate attorney-Designer-Engineer(s)-Draftsman/architect-Staging companyI have always chosen to focus on my skillset and that is finding deals, then organizing this team of people to help me execute my vision.My opinion is that if you are a real estate investor, you should focus on being a real estate investor.

Before sending in the check, be sure to take a look into an engineered cost segregation study to see if you could benefit and thus save money on taxes.

I’m about to launch a proptech company (with my friend that's a software engineer) that allows CRE firms to aggregate, organize and search for their CRE offering memorandums (as well as internal documents such as investment memos, appraisals and underwriting models).