It will help a lot if you understand accounting and how the statements are actually generated.

I’m exploring the idea of turning it into a furnished long-term rental to hold onto it, generate income, and possibly return to STR when things settle down.However, I’m new to the furnished LTR space and would love advice!

As for the experience suggestion, thank you for your bluntness JHL, we all need that reality check, but I also have 42 years (bought my first property at 16 years old) and 5 generations of real estate investment behind me and am always looking for new developments in this dynamic business.

Has anyone tried this paid program - Just Be The Bank: How WE Generate Passive Income & Wealth in Real Estate. 

During this time you are not generating any return from the money invested in the ADU.

I recently used it to generate custom images for my STR coaching Powerpoint material. 

Quote from @Nadia Jones: Also posted in Getting Started Forum, but figured multifamily category may also generate some responses...so posting here as well. 

Investing in short term notes with your SDIRA is a great way to generate income for retirement. 

The money generated could pay for both loans, and even cash flow.Italian BuraccuracyI thought the United States is slow and has poor processes set, but here is absolutely worse.

Your lender should be able to help dispute the appraisal if there are clear inconsistencies or missing information, especially now that the property is rented and generating income.It might also be worth exploring other lending options, as some lenders have more flexibility with appraisals or different processes that could work better for your situation.