You may find this a viable option with rates where they are, especially if your rental income continues to cover the mortgage.Home Equity Line of Credit (HELOC): If your property qualifies, you could use a HELOC to access the equity without disturbing the current mortgage.

He may be actually speaking about a "Wrap".Find out if actual ownership converts to youMake sure you have a title reportYou may want to pay for an appraisal and an inspectionMake sure you use an escrow company or an attorney to do the transaction Hi Ken!

Out of the 50 addresses zero will probably be interested in selling so it's a numbers game before you find the one. 

With LLC Owner Match, DealMachine connects people to companies and companies to properties allowing you to find the owner or registered agent for nearly every corporate owned property in the country.

But keep in ind that financing will be more expensive and tougher to find and investing 200k does not mean that ADU will be worth 200k.

How did you find this deal and how did you negotiate it?

congrats my friendHere is one piece of advice I have for you:As you attempt to find what area to invest in, use this website https://www.areavibes.com/Its a great resource and starting point for what an area might look like and it has something called a "livability score".

Did you find any prior knowledge (tenant screening) of pets moving in?

I will be talking to him Monday, or possibly today if I find time at work.

Have you spoken with other agents to see if you can find a middle ground or a couple other examples of the comparables?