Here is their webpage:  https://www.titanbank.com/about-us As for Solera, yes, the main reason I chose Titan Bank over them is because Solera's webpage didn't have a professional enough look and feel to it compared to Titan Bank. 

That will allow you several benefits like adding the square footage to your property, having it appreciate in value as more ADUs are added to the neighborhood, legally rent it out within the city's parameters around long-term, mid-term, and short-term guidelines, and feel good about your investment.

Feel free to DM me if you have any questions.

Use a promissory note drafted by an attorney to outline loan terms, including an interest rate that aligns with IRS Applicable Federal Rates to avoid gift tax issues.

This could include keeping track of the construction holdback.  

Client agreements have expiration dates and oftentimes include clauses that entitle agents to commission several months after the expiration of the buyer agreement.

It’s awesome to see how passionate he is, but I’m feeling stuck on what his next steps should be.

Pull comps, if you rent it for 1500.00 you are cashflowing 120.00 a month with all the info you gave me and including fees except if you take any fees on (water/trash etc.

FHA loans include oneproperty per FHA loan, owner occupied for at least 1 year, and can apply for new FHA loan in 2years.

Make sure the property meets the 1% rule or close to it (monthly rents = 1% of purchase price) to ensure it cash flows after you move out.Yes, interets rates are higher than they were a couple of years ago, but rents have also increased significantly in many markets, including yours.