This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

I did not receive any fee or commission or compensation for the introduction.The deal went south, and the investor retained an attorney to sue the sponsors.  

this has caused significant delays with a cash out refi on an existing rental.

Buy a new primary home and rent out your existing home.

We are closing on our first South Bend rental property next week, as our local market opportunities have become non-existant unfortunately.  

Moreover, can you clarify if the complex is already an existing 16-unit or do you intend to build it?   

Used an existing frame down in Belize to build our house down there.  

Keep in mind this will be at a much higher rate than your current 3.2% interest rate, so I'm not sure if paying off the existing loan is a great choice.

Phase #1 - Recovery  - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from  decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."

As part of the project, the only existing drain on my side of the street is being sealed over with concrete and even that will be lost.