However, you could also do this after the ADU project, and realistically I would be exploring financing sources that would allow me to tackle both of these projects at the same time.Building on vacant lot: I cannot stress this enough --> this type of ground-up development project is significantly more complicated, time consuming, and risky.

However, if you have talent in this area, you might be able to tackle it, assuming the expense of the project is justified to enable you to raise rents.

If its single family you want to tackle, learn how to analyze for buy and hold, fix and flip etc.

So, not that this approach is always very popular on this forum... but have you considered tackling the problem from the opposite direction?  

Like does the LLCs need to be owners for a certain period of time before DSCR refinancing.Obviously I'm going to make sure its all pre approved before tackling this project but I was just curious on if I can get some insights here before I get started so I can make any alterations.

As your dedicated property manager, I bring a wealth of experience and legal knowledge to the table, ensuring that we can tackle this issue head-on.

I would greatly appreciate any insights, recommendations, or personal experiences you can share, especially from those who have tackled similar projects.

You don't want to be overwhelmed with waves of uncertainty while also tackling a new market.

Newer investors usually can't tackle something as complex starting out.

Congrats on tackling this one!