Maximizing cashflow becomes a strategy choice that accounts for your market and tenants.

Then you can immediately put a loan on. the free and clear property and pull that cash out to get close to what you need for the ADU. 

You shouldn't be paying any lender anything before a closing.

We only manage our own portfolio right now, so the bottom line is close to my heart.

But keep in mind, the top of their list is going to be people that they’ve worked with in the past and probably closed deals with.

Who has closed a subto deal for a primary residence?

Do you mind expanding on how you attained closing cost and down payment?

Experienced managers can help evaluate potential investments by providing insights on rental demand, market rents, tenant preferences, and location-specific factors that affect leasing success.For example, rental properties need to be close to conveniences like major roads, shopping, and schools.

.)- All in Cost = Cost to build * Square foot  - Sales Price = All in Cost + (All in cost * 20%)* Covers contractor and soft cost on either fee based or cost+- Profit = (Sales price - (Sales Price * 7%))* - All in Cost   accounts for agent fees and closing cost- Initial List Price = Sales price + 10%      A buffer to test market absorption- Break Even being All in cost, point where everyone is paid except me. - List price is to test the market absorption at "x" price. 250k land + build.

If I was buying south or southwest of Asheville right now I might be trying to get very close to one of our great new downhill mountain bike parks, meaning Ride Kanuga in Hendersonville or Ride Rock Creek in Zirconia.