Both my wife and my background is in manufacturing, specifically operations, customer service, and project/account management. 

We have specific and unyielding criteria for this, which we provide to all potential borrowers in advance.

If they can't justify the charge immediately and specifically, then it's probably just a money grab.Remember: lower fees don't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

Big welcome.. do you have a specific neighborhood in mind, or are you still exploring?

In many cases, the $/sq ft value for an ADU can be slightly discounted compared to the main home, but it still boosts overall property value.As far as the specific question about Feliz/Silverlake, maybe reach out to a local appraiser or RE agent who would be able to give you specifics.

My question is around property insurance and specifically what are everyones MUST HAVE COVERAGES. 

And if you’re targeting specific regions, what makes those areas attractive for your strategy?

Consult you insurance broker for specifics but I found this policy to be very protective and reasonably priced.With regards to an umbrella policy they are typically good to have.  

The specifics of your situation will determine where you might need to fall on that spectrum of holding period.

i wouldn't tell you where you should move since i don't know you.also, a lender would be in the best position to advise whether you qualify for a specific loan.