Even in HCOL areas, adding an ADU typically does not make sense because developing a single small unit is the most expensive residential development that exists.Adding an ADU is a lot of work (probably more than a brrrr but with worse return), has poor financing options, typically adds less value than the cost of the addition, and detracts something from the primary structure even if it is just yard and privacy.Good luck 

I'll try to get in touch with everyone individually (though I'm not used to how the forums work yet).I'm also not sure how to make the at replies work, so that's a bit of a bummer.Anyway, as for location I'm in Kumamoto and investing mostly locally.

Recently I’ve been living next to an illegal and poorly run STR operation and I can now better empathize with folks who strongly oppose them.

Most (not all) HELOCs require that the property is titled to an individual (not LLC) and are full doc, meaning your employment history, income, DTI etc will be factors.

The idea is to convert a multi-family building into condos; but not in the traditional sense where you separate pre-existing apartments into their own condos; but in a way where you combine the common areas of all of the apartments in that whole building, and turn the individual rooms within those apartments into condos themselves; thus transforming the hallways, kitchens, bathrooms, living rooms, dining rooms, porches, balconies into common areas of the condos. 

Additionally, add in the ambiguity/risk of the due on sale clause or ramifications on the conventional loan of transferring the property from your individual name to an LLC - the economics don't make sense, and the headache isn't worth it even if it did, in my opinion!

No disrespect to anyone, but cant we begin to see the increasing amount of novices with zero cash, poor credit, little income for personal expenses, haven't heard of they're local meetup nor bigger pockets nor which book like Kiyosaki nor Brandon Turner nor Grant Cordone's etc-all about to become millionaires easily.

Quote from @John Friendas: Hey,My investing partner and I have reached an agreement where he would have the debt under his name and apply for it individually, and I would do the majority of the management (he is out of state and my income is half his).

You have a far better chance trying to sell to an individual than targeting hedge funds.

Concealed Involvement of Barred Individual: Ron Fossum is barred by the SEC for a similar, $20-million-dollar financial fraud and his involvement in Norada Capital Management is concealed.4.