The City explained that the zoning code doesn't have separate provisions for an ADU, and that dwelling units are considered dwelling units regardless of size.

Size matters... you have to have a pretty huge sign for people to notice. 3- Ego drives most signage designs, Ie realtors, financial planners and attorneys. 

I have been buying small - mid sized multi family in Chicago for the past 8 years or so.

But, compared to the loan size, I agree that it does sound steep.

Make sure that wasn't the site where all the construction workers changed their oil, or it is not the trash site for the neighborhood, make sure it is not in the flood zone, make sure the lot size meets the building/plat regulations, check for utility access, if they have lawsuits check for judgements and liens, and IRS liens.#7 Go kill it and make millions, maybe you found a gem.

Quote from @Avi Zarbavel: Hello Bigger Pockets, My team and I are looking for a tip to point us into the right direction of She would need to qualify income wise and family size wise and apply to the housing authorities likely in the Cleveland area.   

The size of the unit was perfect for Airbnb or travel nurse mid-term rental.

As to washer/dryer you'll need to look at similar size units in your market and see whether they include washer/dryer. hookups or nothing.

For example in DFW get a good understanding and confidence on the rental cost per unit type and what the sizes get where in the area.

Individual mail pieces can run you from ~ $0.40 - $0.75 depending on the type of mail-piece and size of your order.