It has to be an addition.I would double check because maybe the workaround is reinforcing the garage and building above it.We lived in our studio ADU for two years before we moved into the main house.Best thing to do is talk to an experienced lender.

I personally don't like the idea of using OPM as is often recommended for people without their own capital.

My target markets include any region in California, and I’m always on the hunt for properties with strong value-add potential.If you’re experienced with rehabs, BRRRR, or creative financing strategies, I’d love to connect.

Unfortunately due to the business you choose to operate incidents like the one you experienced are more likely to occur compared to a property that's continually occupied by a tenant where the water would more likely be run at a higher frequency which would prevent the pipes from freezing.  

Experienced managers can help evaluate potential investments by providing insights on rental demand, market rents, tenant preferences, and location-specific factors that affect leasing success.For example, rental properties need to be close to conveniences like major roads, shopping, and schools.

Has anyone else experienced this kind of mistreatment? 

These types of properties require experienced management to navigate the challenges effectively.

I handle dispositions and tech; my business partner is more experienced with exit strategies and the finer points of investment.Hope this helps!

Many banks limit personal loan amounts.

Talk to others they work with and ask for references if you don't know them personally.