If the property only needs light cosmetic updates, 3 months might be doable, but for more extensive renovations, it’s going to take longer. 

Ensure the property appraises at its updated post-renovation value to maximize the equity you can pull out.A refinance isn’t a taxable event, but transferring ownership to your LLC may affect depreciation or future capital gains.

Good luck and keep us updated! 

I thought it would update the profile page instead of sending it to a forum.

If they don't maintain a website, you ask them how they update the public with foreclosure statuses.

That is spent chatting with guests at the house, getting updates from cleaners etc.

From what I've seen, think you should have no issues finding something needing some updating to hopefully further build equity and push rents. 

@Keaton Sheffert reach out to Michigan Economic Development Corporation.

Hello All, sorry it has taken so long to update this thread. 

They are always updating the ADU guidelines and thats a bit of a unique situation.