I talked to a GC and ADU in general are fairly expensive to deploy these day even for a flat surface in the backyard.

If you have some equity it may be better to look to deploy that into a property that does cashflow.Hope that helps in the thinking.  

. - Leading into home stretch of POTUS election cycle, the above may be a strong catalyst to press the deployment of a stimulus offering in form of home buyer empowerment

Once the fund receives a capital commitment, the clock starts ticking on the preferred return (or at least it should), so they’re motivated to deploy that capital ASAP.

Tax free money means there is MORE of it to deploy elsewhere. 4.

What strategies would you deploy to raise rents to get to the pro forma quickly without raising a ton of vacancies right away?

Just got to shoot those bullets wisely, and play it conservatively but money should definitely be deployed I firmly believe. 

You could deploy that money elsewhere and buy a few  smaller (or at least less expensive) homes in a friendlier market and come out way ahead unless you are content with just waiting for the market to appreciate.  

The main problem with single family is it's hard to quickly deploy large amounts of cash. 

For me to go through the due diligence myself and then if I did buy the property going through the zoning and permitting process probably takes more time than I would want to take and would rather deploy my capital elsewhere.