Its not about how much money you make.

Never offer earnest money.

Quote from @Christian Solis: When looking for private money how do you guys properly present a fix and flip and how do you structure that deal so they are happy with there return on investment ?  

Quote from @Devin James: Quote from @Scott Mac: Maybe the infrastructure, electrical grid, water sewer, pavement thickness on the roads, cannot handle the extra people in the area.

Most of you are all money hungry and don't care about your fellow man.

Also, contacting neighbors is not standard practive for PMCs, so how much extra are you willing to pay your PMC to do this?

I wouldn't recommend an ADU and take that money and invest it where you can pull capital out faster. you can do much better.

@Owen Rosen the links you shared pretty much only state a tenant shouldn't have to supply liability coverage to their landlord.Of course they will say this as the provider does NOT want the extra liability of covering additional parties!

I'm a local youth pastor in MN and I'm looking into getting started in real estate so that I can provide extra income for my growing family.

You would borrow against the equity at 7% or more, then use the money to pay off a credit card?