That seems suddenly shady.My bank is reversing the charges and blacklisting them.Like I said, it's a shame as I really had high hopes for this working.Maybe I'll find something else someday.

Expect a custom ADU to take 9–18 months, with 3–6 months for design and permitting and 6–12 months for construction, depending on complexity and contractor availability, and the speed of processing permits.

At this stage in my life, these equity plays are more impactful than holding onto a property for a couple hundred dollars of monthly cash flow.What’s your take?

Make sure you talk to a Banker or Loan officer that is well versed in both SE (Self Employed) income and also Non/QM programs.One tip I will give you as a Banker is open up a "Business Checking account" and for the next 12 months pay "Everything" out of that account. 

Ended up putting $15k into the property plus an ADU and had it appraised in 8 months for $275K.

These are good questions, but keep in mind that a month of obsessive research is still the absolute tip of the iceberg.

- Go look carefully at the numbers and you'll see this.If you could acquire more rentals and they threw off $500 profit each/monthly, how many would you need to make a living?

My 17-year-old daughter is still in high school, but she saved up $20,000 in 14 months as a waitress in a town of 10,000.

I profited well but not enough to cover 6 months if they were all slow months.

I would wait 6 months.