Layer in any aspects of buying anything that may involve an ADU or you float up to FHA 2-4 and separation will happen with experienced lenders.

Well this also needs to take in consideration the risk involved.

May require permtis and consultants depending on the scope $70-$100 per sq ftStuds out/Addition: This involves taking the existing house down to the framing.

Deals involving lower down payments (i.e.

Quote from @Aaron Hartman: I am a small business owner who has been involved with multiple syndicates in the past.

If the spread was larger then the amount of time involved might be worth it.It's always time versus return, risk to capital, and how hard you have to work for it.        

Worst case scenario, it becomes a legal battle where calamity strikes every person involved. 

What type Of real estate investing are you looking to get involved in?

A successful venture involved flipping a 30-unit apartment complex; acquired for $450k, we revitalized it with a $150k construction overhaul, achieved full occupancy, added a laundromat, and subsequently sold it for $950k after two years.

Obviously get a QI involved before the sale as early as possible.