We are wondering what would be the best option to do with the property during this 6-7 month period, whether that be Airbnb or what other short term rental options might there be that could make more sense?

They are not appraising ADUs equivalent to the construction cost in my area, I can guarantee that.

Review this periodically - 3-4 times per year, and UPDATE it.

The programs themselves are not guarantee to the pathway of success. 

With the HELOC and then converting it to a term loan you will probably be paying higher interest and/or shorter amortization period on conversion which will mean higher monthly payments.

They legally have to have this document filled out if they pay you more than a certain amount over the period of 12 months.

They are very up front about the whole process and all the details.Before I go on, I want to make it clear that I am a small time entrepreneur and am in no way affiliated with the Capital Syndicate, Awesome REI or anyone else associated with this course.I bought the Capital Syndicate course because I wanted to see if I could apply it to a specific niche market.I bought all the add ons because I wanted to make sure I gave it every shot to work properly and because they offered a 30 day money back guarantee. 

I would anticipate a semi-guaranteed government run insurance program, similar to the national flood insurance program of some sort and perhaps connected to an existing department of housing program to manifest.

I have also utilized owner financing for longer periods of time, including personal residence and 2 barrier island houses on the coast of Florida.  

After a grace period of 1.5 days give another notice and mention legal action or law enforcement5.