Meaning that the owner of the property will have a property and license to rent out these 8 units individually per day or months. 

I see mostly out of state or out of country investors working with New Western in Birmingham because they don't have the knowledge of the city and surrounding areas.

You don’t want someone who could cause legal issues, neighbor complaints, or worse.There are plenty of qualified tenants out there who pay on time and don’t steal.

Can anyone help me to figure out a good economical, small multifamily builder to contact, and a realtor with lots of this type of experience, or let me know if I'm on the right track with this?

Feel free to reach out—always happy to connect!

If not, they may consider building the ADU and down-sizing into it and renting out the main house.

Private money (like true private money) may not be a bad play either, just make sure you trust the individual you're working with. lots of scammers out there. 

If I could ever be of some help in the process or want to discuss specific areas of town and investment analysis, please reach out!

Is it hard to pull that type of cash out of a property?

Most of my clients stick to private money.