That is in addition to clauses that require anyone that stays more than 7 nights in 12-months to apply (then it becomes our choice if they are treated as a temporary occupant or tenant) and prohibition of subleasing.

Am I borrowing their money and paying them after the deal is closed?

Or you can sell it, split the equity, and go separate ways.I'm not a fan of borrowing from family/friends unless all parties are honest and everything is documented in a written contract.

Just like most things in life there are good and bad to both choices. 

Assuming you would have to permit things if you borrow hard money for reno, not sure I'd be interested in that.

I’ve never actually been legally owed money before so I was green on how to handle things while trying to be understanding and respecting other lifestyles and career choices.

Hi, yes Ohio is a great choice for investing in real estate.

Anyone who managed to do this probably did it 5+ years ago when the market was very, very different.If you borrow $200,000 to build an ADU, I suspect you would need to rent it for $5,000 or more to make the numbers work.

Transfer of the Property or a Beneficial Interest in Borrower.

(DBA Carolina Choice Mortgage)Allied Servicing CompanyAHP ServicingAugust REIMoat Note ServicingPrime Loan Servicing