@Garrett TjoeMy understanding is that you do not need separate utilities if the ADU is added to a lot with an existing Single Family Residence (SFR).

Wildfire risk is also nearly non-existent close to the coast, and haven't yet heard of hurricanes or tornadoes, but you will notice a tsunami sign or two..Electricity, water and general operating costs are surprisingly 'affordable.'

Says this is according to Fannie Mae requirements.I explored seller financing but she wanted prime +1% and full asking price and was not able to convey existing furniture to me... so it was less attractive to me.We'll see if it sits on the market, and comes down in price and I can then make another offer.Thanks again!

Small Business Administration (SBA) offers 7(a) loans to small businesses for a variety of purposes, including purchasing owner-occupied commercial real estate, refinancing existing debt, or financing equipment.

I inadvertently restricted who could reply....so that not even I could reply to my own post.)Debt to Income ratio limits exist for a reason: you are over leveraged.

Leveraging my expertise in property acquisition and renovation, I guided the client through each step—from identifying the ideal property and negotiating the purchase to overseeing the conversion process.The conversion involved reconfiguring the existing layout to add an additional rental unit, ensuring compliance with local building codes, and maximizing space efficiency.

For that reason, I am looking to purchase a duplex or a single family with either an existing ADU or potential to add one. 

Bad luck with existing management companies.

I agree on your thoughts of AMI - a little bit of old FL still exists there, at least for now. 

California will be more competitive but you have the equity available for the right property and can utilize the proposed or existing rents to qualify on the new property.