This MIGHT put us back in budget - but I'm not convinced it doesn't also carry significant risk at this point.As a side note, because of how much cash any of these solutions appears like it will take us, we're wondering if there are personal lenders or hard money lenders that do these deals. 

Technology Concerns: I’ve heard mixed reviews about the technology solution offered and “pre-vetted” deals, with some saying it’s unreliable, expensive with hidden fees (e.g. finder’s fee on pre-vetted deal).

any simple alternate solutions you can think of?

I really do think that good screening and honest / fair treatment of tenants regulates a lot of the issues that people seem to have down the road. 

Honestly I would choose a mortgage broker and let me explain you why.When you go to a bank or credit union the loan offer works for that institution and will offer you the rate they company offer, instead if you work with mortgage broker we have the ability to shop with over 100 and more institutions and shop for the best rates available, fast closing and customizable solutions, text me so i can give you my rates base on your credit score.

They are now looking at retrofitting a guest access solution. 

@Sharma ParthThey are offering you a turnkey solution and charging you a fee for it.

So if anyone out there wants a guaranteed return of 7% and wants to do seller financing let me know 😊 I’ll be happy to take care of all the headaches and set you up with a stable income.When I retire, instead of owning my homes outright I plan to cycle taking cash-out refi on them to re-leverage, live tax free on the loans, and let the tenants pay them down again.Regarding debt, If it’s at the same interest rate and terms (and ignoring different potential tax treatment) all debt is the same.

Outside of my insights from data, there are a few things I'd like to pop in here to hopefully take this conversation in a direction that helps us all learn from this and grow in our businesses together, elevate the industry together, find a path to co-exist where each business contributes to the overall industry growth... challenges the other to innovate and create fresh new solutions for customers to win big... and leads towards our industry getting stronger not weaker. 

We were told by the city that the only solution would be to demolish the house and build a new structure as there were too many issues with the house to allow a remodel.