@Susan Thelen it’s likely easiest you do this in excel so you can easily modify variables and test the NPV sensitivity.

Does that mean they are in some kind of archived state but still easily accessible versus fully removed?

You can easily train your tenant to use it properly and then let them go. 

That money can very easily disappear if for some reason you aren't able to close.

But get that appraisal first or you could easily cost yourself 10%.

This change is significant for the financial feasibility of ADU construction in Chicago since water service costs can be more easily justified when collecting rents from two additional unit.Also proposes to allow larger units and to allow ADU construction in any zoning designation.

My fear now is that by posting it on Airbnb I put it out for the world and I believe technically it can’t be rented separately but zoning said they would just tell her I have a permit pulled or it was just people who are renting my other place on the same lot so basically really no way to prove it.I was thinking instead of a kitchen is just rent it out 3-4 months a year with an outdoor flattop grill on the patio a nice seating area and maybe an outdoor sink.

For example one was a paralegal/ wannabe lawyer and she was always threatening legal action over little things like someone leaving the toilet seat up (seriously, real example).

That would cash flow more easily.

I think the other commentators have it right - a HML that is willing to take an investment that is small is probably not vettable and not a smart play - however if you have ~$500k or more to put in, then the legitimate more easily vettable firms would pottentially be interested - and you would be able to see the sophisticated setup, documents, structure etc and be able to research accordingly