You listed some of the benefits but you didn’t explain what you’re specifically trying to accomplish.

I’ve been working with several lenders for DSCR loans, but I’ve found that the fees are quite high, with minimal benefit in terms of lowering my current interest rate.

Going to the meetups is essential to build your network.

We would refinance to essentially be no money out of pocket.

There's always more to learn and building a network is essential to growth and success. 

With the city contemplating expanding the ADU ability to city wide, is there any benefit to doing a rezoning now (assuming successful) before the citywide expansion takes place?

Include a buyout clause allowing you to transition to sole ownership after two years, based on a pre-determined valuation formula or market value.Use an LLC to hold the property for liability protection and pass-through taxation, ensuring both partners benefit from depreciation to offset rental income.

From what you’ve described, it sounds like you’re more focused on long-term appreciation and future benefits rather than immediate cash flow.

Just curious, is there any tax benefit to filing as a regular partnership and issuing k-1s to ourselves that show a loss?

.🔹 Partnering with Trusted Local Experts – Engaging experienced and reliable builders, architects, contractors, and surveyors is essential for a safe, efficient, and successful rebuilding process.Recovery isn’t just about getting back to where you were—it’s about creating something better.