They could demand a replacement of the sewer line prior to approving the ADU application which means there may not be a choice of not doing it anyway.

Home values have moved downward from their absolute highs of between 6% and 9% but this is to be expected because of the laws of supply and demand. As

How many people will demand a new normal?

I haven't seen a buyer demand a higher Option Fee than whatever I propose. 

Nobody can hijack a parcel then and try to demand a crazy amount to sell.

Maybe demand a warranty deed.

I think you are short changing yourself on 6% for maintenance ... plug 10% into your estimates and see where that lands you.An ESA is an Environmental Site Assessment - lenders {more and more} frequently demand a Phase I assessment be carried out, and the property cleared, before funding.

Let's put it this way, there is nothing in a deed of trust that can't be adopted in a partnership agreement.There is nothing in a note that can't be agreed to in a partnership agreement.You will likely be held to principal and interest only being secured my any loan arrangement, you can do the same thing in a partnership agreement.A lender can't force a sale (besides through foreclosure) nor demand a property to be sold at or above a certain price, partners or owners can.I had a few borrowers that I wish I could have fired, going over budget requiring more money to be poured in to save a project due to screw up, but as an owner or controlling manager I can fire a partner, make him go sit in a corner so to speak and if I go over budget, it's my fault since I have the purse strings.

Looking back I wish I would have just made a garage out of it as I don't think that 4th bedroom is as much in demand as a garage is.

I've discussed with him how he's been upgrading the properties to demand a higher rent.The second part of the issue.