I could also use my cash out refinance to complete this as well but I also wanted to get into another brrrr and this may slow me down using all my cash without really being able to pull it out unless I HELOC after completion. 

Starting from the bottom, Recession, construction slows down and even stops.

Yet maybe slow appreciation. 

\/O\/ I like the "clear evidence of gentrification" area you mention.Yes, it is a slow process and good things take time but stick to that pocket IMO.Buy cheap with a margin of safety, work the market since you are local and you will have a much higher rate of success than a DIY out of state investors.Just my opinion and wishing you much success

If you have so much time, doing it yourself won't slow you down, go for it.You do not need to hire a general contractor to oversee your sheetrock and tile work.

I'm slowly removing myself from it but my current situation warrants a slow release.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

Good for you for not slowing down. 

Stowe is more expensive, but commands a higher nightly rate and Stowe is busy year round, with the slow seasons being only November and April. 

That is why at BHB we have all leases end from 3-31 through 09-30, to avoid the slow rental season.