Alex,There are a few other options when it comes to your situation to get the cash out of the home. 

Explore strategies like house hacking or creative financing options, such as DSCR loans, to make the most of your leverage.

As I learn both options.

I interpretttev @Alan Asriants statement different than you but agree it is not clear   He could be indicating pools, basements, sunrooms do not provide a means for an extra tenant.  

Look for undervalued properties, explore FHA loan options, and consider mid-term rentals to maximize income.

For example, I will send a tenant the lease renewal options and give them one week to respond.

As ground-up ADU builds gain popularity I hope we see some affordable options, like modular, but from what I'm seeing now the ROI just wouldn't be there.I'm trying to help spread the word about this law and compile as much information as possible so I can help investors capitalize on it.

Loads of information on the forums and BP tools for you to expand your knowledge or find just about anything.I am on the lending side of things and am always happy to talk shop with investors looking to learn more about financing options out there, even if not in my resource pool.  

You’re in a solid position, but the challenge here is that your equity is tied up in a property that’s cash flow neutral—which means pulling cash out could push it into negative territory if you’re not careful.A HELOC is the most flexible option, even if you’re planning for long-term investments.

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.