I was just listening to the BiggerPockets podcast and James Dainard says he spends 350-400k for an ADU.

Say home improvement and they will send you up to $50k at relatively low rates with no pre-payment penalties and they do not check how you spend the funds.

When this occurs, area incomes fall and cities reduce spending on police and schools.

Would you mind telling us what you spend per month on life? 

No, taking out a HELOC and spending it does not reduce your taxable capital gain when selling your home.

This allows the Board to spend the funds on anything, and if they do, the owners would need to restock the reserves!

If you are building on your own existing lot, you are sacrificing privacy for sure, but if you are comfortable with that in this stage of your life its a good way to maximize what you already have than trying to go to market and spending over $1M on a decent duplex. 

The few times I called the office, they were always happy to spend time talking. 

You give them your $500,000 cashier check that took you a lifetime to earn and as soon as it is laid on their office desk you get a lump in your throat because now you can't do one damn thing about how they spend spend your money. 

That is dissapointing that they did not vet the people they would be spending hours and hours touring properties.