Love to know. couple things  NV is one state were NMLS registration and state license are required to be a lender on any rehabs on 1 to 4 units.. that's number one.. you check with the statealso I would file a complaint with the state of NV  mortgage enforcement division right away if this guy is not legit he will be shut done and fined.  

Again, that’s all fine just so long as you know what you are getting into.

Biggest problem with ADUs is it's only a matter of time before California starts fining those that are not rented out.

If you don't want the headache of management that is fine but will limit your options. 

It varies, but when retainage exists that will drive up the cash to continue to advance the project because borrower won't be receiving draw releases equal to their outlay. 

As long as it is not in disrepair I think you are fine omitting them.We do have exterior back photos, especially the pool homes so we can showcase pool. fencd yard, etc. 

I unfortunately made the mistake of investing with him a year ago and have yet to receive anything back.

Received access to mortgage portal to ensure all payments are made (including escrow).Anything else here I should do or not do if acquiring for the long-term?

If you analyze everything right, observe your mentor and take your time to get the right asset, it will be fine.

If i have to do some renovations thats fine.