Look for the positive in all situations. 

Only the first can be corrected, but us making a mistake and getting anything less than 5 star review is stricly unacceptable in my eyes and my team also has a strong sense of ownership in their position and loyalty to my company.   

The work around is part of the application process is to tour the property, but still, why put yourself in that position?

Quote from @Paul Azad: Quote from @Geri Randall: BUYER BEWARE: Goodegg distributions "paused"Goodegg has stopped distributions on the offering I bought a couple of years ago, called Congaree Villas, and has not been forthcoming with revised financial projections that explain why it has done so--even though it says the property is still cash flow positive and has adequate reserves.

@Kenneth Joseph PerfidoFrom my experience, you’re in a great position with your Newport property, strong cash flow, and a low 2.8% interest rate.

Multiple professional references, when addressing this issue, carefully state: "the IRS position is..." - which to me indicates the same doubts that I have about the legality of the IRS position.Until the IRS is challenged in court over this position and loses, I choose to comply with their position.

The cost to build will be significantly more than the amount of “value add” of an ADU putting you in a negative equity position.

I figured this could possibly put me in a good position for a cash-out refinance when I’m ready to move on to a second property.If I stick within my budget, Philadelphia seems to offer the most housing availability, but I’m concerned about most houses available being in rougher neighborhoods.

Learn from this so it never is repeated.On the positive, with the value add you likely will do alright flipping it.Good luck

However, when you don't know what you don't know, this is an incredibly dangerous and risky position to be in with such an expensive investment.Just my 2 cents.