Additional info: We're also currently in a middle of a listing of our 2nd flip as well.

You could reach out to the folks at The Nature Conservancy and they could provide additional info if that route sounds appealing.  

Umbrella insurance is crazy cheap for the benefit, and it already requires you max out your liability on your other covered items.

First there is no reason to buy a Townhouse "all cash" instead put 40% down and reap the benefits of an extrenly low rate, No PMI and the option to escrow.

In general hands off ADU additions cost more than the value that they add.Have you looked into what the garage could rent for as a garage?  

Happy to connect if you have any additional questions.State of Michigan Property Tax Estimator: https://www.michigan.gov/taxes/property/estimatorGrand Rapids MI Rental Certification: https://www.grandrapidsmi.gov/Government/Programs-and-Initia...

Consulting a tax professional is key to ensuring compliance and maximizing benefits.

They can help you strategize the timing and structure of your loans to maximize your leverage while keeping costs low.Let me know if you’d like additional guidance or a deeper dive into any of these strategies!

@John Paul, it's time to graduate from "old school" and start living in the 21st century for your own benefit.

When the transaction closes, the purchase is funded, and we set aside additional funds in an escrow account to pay predetermined professionals to make any required or desired repairs or upgrades to a property AFTER the buyers settle on the purchase transaction.