I know you don't have money for a downpayment yet, but when you do, rent out rooms or buy a duplex or triplex and live in one side and rent out the others.  

One point on a $50,000 loan is $500.

The only ones that will pay are the same ones that would have paid when you filed for the eviction.

This is the goal because the client wants the majority of the premiums being paid to go to cash value and compound interest over time and NOT go towards the cost of insurance-hence the low DB amount that starts the policy. 

Thanks for the info, I just went to my first RE Meetup over the weekend and will be attending this one as well.

One person works for a well known home builder. 

A hands-off garage conversion ADU is over $100, even doing much of the work yourself, it will be much more expensive than your estimate.Single ADU additions in single family zoned areas are typically one of the worse re investments. 

Very few allow any subordinate financing below their note but I do have ONE that allows 90% CLTV (they loan 75% and allow you to secure a 15% seller carryback as long as you come in with 10%). 

It definitely can be done, but it takes more time and more investment per deal to hit $500k fees.Its also a much, much smaller network.

The ones who are extremely selective—sticking to just one or two partners over decades—tend to have a more stable trajectory.