To resolve this as quickly as possible, you can either choose to level with the person and see if they'll agree to move out on their own accord (you may need to offer concessions) or get an eviction attorney involved.

I’m sure you’ll find plenty of opportunities to share insights while also connecting with other professionals and investors who can help broaden your understanding of real estate.Looking forward to seeing your contributions and following your journey as you get more involved.

Pros include securing the desired property and strategic planning, while cons involve higher costs, financing challenges, and complexity.

I'm going to see where I can apply my knowledge I'm still a young padowon haha

You can only play games for so long.Chances are your next door neighbor is an IRS agent and turns you in when your tenants blocks their drive or some other random event disturbing your IRS neighbor.ADU catches fire and your insurance won't cover you, because it was an illegal and unpermitted structure.The city inspector told the last guy not to build or rent it, and is now pissed and wants to make an example of you and just red tags the whole property and no one can occupy for the next 1-2-3 years while you wait for a hearing.Then when you get the hearing, "staff" recommends you tear the whole structure down, and if you still want an ADU, you can apply for a permit and rebuild it.Your tenant quits paying rent and won't move out and you can't evict them, because there is no valid lease and they're just your "roommate".Probably a dozen other bad things can happen to you when you do stuff like this. 

High borrowing costs right now, so have to look at what you're able to produce vs the borrowing cost. 1031ing can be a super powerful strategy, but there are time constraints involved.

I’ve been involved in lending for a while and know that financing can sometimes be a bottleneck.

Contingency:No need to go through the same process to illustrate contingency but contingent funds can be applied to the loan interest example above.

Are you talking about applying for a mortgage in the US?

They can't see what's not obvious.Keep it simple is some of the best life advice and definitely applies to someone's first deal.