You don’t need to tap into your current property’s equity and that property sounds like it will be a nice cash flow cow once that ADU is completed!

And, in reality, it is far easier to replace a $100k investor than it is to replace a $10mm investor.Now, are the fees and waterfalls typically far more GP friendly for groups focused on the $25k investor?  

Welcome to the BP community—it sounds like you're on an exciting path toward financial independence!

Thank you 🙏 I'd certainly echo what most have said here, #1 sounds out of the norm for what I'm used to dealing with in retail. 

As easy as this sounds, it's not simple and usually like pulling teeth.

Yes, you can use proceeds from multiple exchanges and buy into a single replacement property (WATCH the timing though - as as soon as you close on your first relinquished property then you are on the clock).  

I had the call and the person seemed very sus, he sounded scripted, salesy and the program curriculum compared to the price was a no-go for me.

Quote from @Matthew Nelson: Based on what you've shared, it sounds like fraud.First, they shouldn't be adjusting the ledger.

Is the lot flat and straight forward, or will it need tiering and piering to keep the house structurally sound?

So, it sounds like the first step is to figure out how to ensure that you get the house.