I hope to use private capital to fund the entry fees in second position.  

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Experience: Beginner in real estate investingGoals: My primary goal is to learn more about real estate investing opportunities. 

The cost to build will be significantly more than the amount of “value add” of an ADU putting you in a negative equity position.

I live in my own primary residence and that is fully paid off. 

In the middle of a lawsuit with a 2nd position lien. 

Features a versatile layout with potential for office or hobby spaces, and a primary suite with a double vanity bath.

Roughly $600 per month in positive cash flow.What made you interested in investing in this type of deal?

@Kris TohovitisI wouldn't recommend using your cash to pay off the mortgage on your primary residence since you can likely get a better return on that money by investing it.What's your buying criteria for the multi-family property?