The only “mindset” books I ever restated to were millionaire next door and every millionaire.

If you've ever watched one of his podcasts, you can see that isn't that knowledgeable or confident in what he says....buyers beware on this one.... 

Quote from @Jeffrey Abraham: What is the NOI on the facility and how many rooms are you renting I think you could do it as a dscr loan and refi it with a hedge fund and get 65% cash out and close with 14days Established and competently run assisted living facilities aren't ever NOI/DSCR-constrained, so that's not important for the asset class. 

Is this ever done?"

So I have a question, I have a property that has a main dwelling and  that has a carriage house (ADU) in the back it was my first property ever bought I was severely underinsured on the carriage house.

If you don't ever set boundaries and say NO, they will continue to escalate the behavior. 

This strategy acts as a low barrier to entry to allow someone with little capital to enter the investing world, to build equity, and repeat the process to continue to build their portfolio/wealth.I would be happy to go into more detail should you ever want.

He typically achieves good return on his efforts but I do not believe I ever saw/heard his final numbers of this effort.  

I appreciate the offer and will keep it in mind if I ever start seriously considering IN!

@Michael SmythiesThe biggest lesson is the wild and ever changing landlord tenant laws.To your area of interest:- Tenant relations: Keep it business, stick to the lease agreement, communicate, and the golden rule.