Are you actively investing or have an active portfolio?

Rolling funds from an inherited IRA into a pre-tax IRA or converting to Roth is not allowed. 

The property is a duplex on a street entirely full of duplexes and even a triplex or two. 

Make sure you know the value the ADU will add to the property before building the ADU. 2) the financing on an ADU is typically far worse than for initial investment property acquisition or is often not leveraged by the ADU (HELOC, cash out refi, etc).

Is this the only market you are looking at to invest in or are you open to out of state investing as well?

I sold that in 92. next iteration was 2002 when I started a new lending company in Portland OR to specifically fund Turnkey buyers in the mid west doing BRRRR loans we killed that.

Have you leveraged lines of credit, private lenders, portfolio loans, or other creative financing options? 

STR or MTR.  

Partnering: If you're initially short on funds or experience, consider partnering with someone who has more experience or capital.

As the saying goes, “Whether you think you can or think you can’t, you’re right.”That being said, there are definitely creative ways to get into the game.