Unfortunately, while there are other methods to acquire investment properties, the reality is you need cash and reserves to plan and set up your investment portfolio accordingly. 

Cash out: $55,000All money out plus roughly $3,500 in pocket.... principal and interest $767/monthCash flow estimated at roughly: $200/monthMy plan would be to refi around year 4 or so before the adjustable rate kicks in.

Every REI has a starting point, a build up phase, and an exit phase (this doesn't have to mean out of REI...it refers to cash).The key to determining this is based on an investment plan, and where the REI is in that plan. 

Right now, I’m actively learning and planning to start my first projects this year.

Lastly, you mentioned this is a BRRRR but you plan to cash flow "like crazy" after renting it.

What area are you planning to build the adu?

@Shaun Ortiz providing for the future needs of my family, RE is my retirement planning vehicle of choice.

Hello Lisa, I'd recommend reaching out directly to the planning department.

I have a degree in civil engineering and 15 years construction, site development, and short term rental experience and am looking to shift my focus/career towards real estate development, mainly raw land although if there were a house on the property could include fix and flip.I plan to purchase 50+ acres of raw land with 1000+ feet of road frontage, have it surveyed and split into separate 5+ acre parcels for re-listing.

But if you do get rid of it make sure you know what you plan is for that space.