We are planning to build a 2 Bed/2 Bath 750-1000 sq ft detached ADU.

No surprises about not having enough to cover the balance.

If you use a property manager, you'll need at least 50 rentals to cover the additional expenses.

This is because they didn’t budget properly and rent wasn’t high enough to cover actual expenses (repairs and maintenance, cap ex, vacancy and loss, tenant damage and turnovers, etc don’t expect to have any money left over after all of these expenses are accounted for if the rent is less than $1,500/month). 

You can have an extra large garage on this level, plus some storage, maybe even some covered outdoor living space.

There would be or can be if I advise on an individual basis in a specific note, I'm not willing to take $500 on payments or charge a % of some profit and take on that liability, that won't even cover my insurance premium.

A HELOC can be flexible, but ensure you have solid cash flow to cover repayments. 401K loans carry risks like penalties if not repaid on time.5.

If rents don't keep pace with inflation, you won't have enough funds to cover these inflated prices.Rents and prices are driven by supply and demand.

A ground-up construction loan for a new investor on some vacant land would also be a no-go as you must be able to show successful exits (refinance or sale) from a few projects before that's an option.So, we need to be able to see funds in your account that can cover the down payment, closing costs, and some reserves left over that will allow you to start your rehab.• No entity to close in: Though an LLC/entity is not a must-have, it's a nice-to-have prior to seeking financing.

Of course we cover some of that, but that's usually one page towards the end of the book.