@Joe Villeneuve around 300K of equity in the houseSell the house, take the equity, spend it or use it on your next house where you are moving to. 

This reminds me of the discussion around pricing things at $x.99 instead of $x+1.00.EXAMPLE: $4.99 instead of $5.00Everyone "knows" that the price in the example is basically $5.So, why do billion dollar companies, spending more on marketing departments than everyone's combined income on this thread, STILL use the $x.99 pricing format?

Spend the $25,000 on a deal not a consultant.

After buying these new rentals, he will still have about $90k in cash to spend on upgrades and furnishings.

Instead of being transparent about it, you had me spend a bunch of money on things I shouldn't have since there was no intent on closing the deal.

As long as you're not in a rush, we always recommend spending some time asking questions of DSCR lenders you might be looking at.

Also, what if you spend thousands of dollars on a brand-new DADU, only to have the seller reaqcuire the house?

It’s a longer-term game, though, with higher upfront costs.I’d say spend some time researching your target area and connecting with local investors or meetups—they’re goldmines for market insights and networking.

The ways around that are to build a business around supporting their voucher and inspection program and spending no small amount of effort ensuring they are smoothly servicing your rentals. 

I'd use an approved underlayment.Pro Tip: If it's cheap, it's not good.....at least spend in the moderate range.