Many of the above comments are very spot-on.Not sure if this comment will help, but maybe there's a way to get the best of both worlds if you can build this studio separate from the building and split the lot? 

My experience has been that $59-79 on top of a $89/n studio may seem prohibitive to a guest. 

-Sauna-Hot Tub-Patio/courtyard (large cement tiles on crushed bluestone with lighting, natural gas line to bbq)-Secondary patio off primary suite-Losing sq feet in the primary bedroom to enlarge the bathroom-High grade cabinets-Appliances with cabinet fronts-High end appliances (Viking/Miele instead of GE Cafe)-Outdoor shower (teak box walls with a dry well beneath the footprint)-Wiring for Cat6 to every room-Wiring for surround speakers (or including the speakers that are built into the walls)-Sonos whole-home audio system-Hardwired cameras (with on-site storage) to the exterior of the house-Smart features: thermostats are a given, but how about light fixtures, switches, aromatherapy, fans ... anything else?

The 11106 zip code is home to Kaufman Studios which spans about 5 city blocks and has produced hit TV shows from Netflix, Showtime, Amazon, Starz, and NBC.

2 Years ago today, instead of renting a studio apartment, I bought this 3/2 single famliy house in Apopka, Florida, rented out the 3 rooms and converted the office into my bedroom.

@Kenneth Cisneros I had a recent quote on a garage conversion into a studio unit for $120,000.

One of our previous neighbours sold 2 of their apartments, as well as a newly converted attic room that was made into a one-bedroom studio.

We added cheap square footage by filling in a breezeway which helped to turn an attached ADU from studio to 1-bed, and turn the Main Home from 2-bed, 1-bath into a 3-bed, 2-bath.

This could be an individual person willing to give you money, or a private bank, or an organization or business of some sort.The long answer is much longer and if you're interested in diving into the topic here's a few resources I can recommend:These are two great books (also available as audio books and e-books) that go over the fundamentals of what private lending are, what it means to raise capital, how to find deals to buy with private capital, and a lot more.

She currently lives in a studio by herself and id move in her with.