Have you sent your material list to a supply house to be quoted, have you arrived at a quote with your subs?

I will include those banks on my list.

Here is a list of issues with adding an ADU:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

The house, if listed to sell, would likely be in the $320k range.

@Michael Houston  In Duluth, most rental properties that get listed on the MLS make note of an active rental license for the property.

He’d likely play the role of buyer’s agent, contractor, and rental listing agent—something we successfully did last June.

It's been a few years since I last updated the list of providers (there are older threads on this topic here on BP), but at last blush there were five trust companies offering the ability to write and service mortgages from registered accounts:B2B BankCanada Western TrustOlympia TrustEastern TrustCommunity Trust CompanyOf these, Canada Western and Olympia has the best offerings at the time.  

You may make $50k on a flip but have to wait 6 months from list. ( in specific areas - not all of CLE)As a full time investor turn time is hyper important for me to turn my properties and money over as many times as possible in a year.Another example is are you a flipper or a renter.

I love that you have specific goals for 2025 - I believe if we think it, write it, say it, and share it our goals are 10x more likely to come to fruition.Are you able to do option 2 and just house hack a 2-4 unit building and use a renovation loan which allows you to put down 3.5-5%I highly suggest getting to some local chicago meetup groups (we have an in person one on the 17th)...here is BPs list: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a full list of the chicago meetups that I can share with you too if that'd be helpful.

I am buying it for 20% less than the original list price a year ago.