I'm hoping things change as they are slowly progressing for ADU's, but for the next move it appears I won't be able to count on the ADU income for DSCR. 

That is not a reason not to make changes, just something to put in the evaluation.

The key evaluation data points for STR investors are accurate records of rental income and occupancy and/or projections from local mangers and online tools.

I'll throw in a few more things to consider:Property Assessment:Structural Engineer Evaluation: Before proceeding, hire a structural engineer to assess the extent of the damage.

Your market for an incomplete house is severely limited and most investors are going to want discounts to take on a project in progress. 

I dont invest in what ifs either unless I have evaluated the situation.

Purchase price: $9,800,000 Sale price: $16,500,000 built in 2001 this is a great asset. well maintained and nestled in a nice green corner in the path of progress in the inner city loop.great value add. renovating interiors and raising rents over 125$ What made you interested in investing in this type of deal?

Keep us posted on BP, I'd love to hear your growth and progress knowing that I can learn a lot from you.

Evaluate market conditions closer to your next move to optimize the timing for a 1031 exchange.HELOC for Investments: Utilizing a HELOC could provide funds for a down payment on an Airbnb or potential flip.

It is so much easier to check on contractors and progress of rehabs when they are close.