Property is generating income, but regular conventional loans do not recognize the home nor the income being generated.

@Stephan Precourt  Do the units have different mailing addresses as recognized in records/post office etc? 

In the absence of comps, recognize there is not much clue as to how it will appraise.As for an unpermitted ADU, I suspect that if the appraiser can easily note that it is unpermitted it will not receive much of an appraised value.  

Ohio is recognized for its healthcare system, with 11 nationally ranked hospitals providing more than 81,000 jobs3.

Arizona’s economy is diversified across high-tech industries, and with a simplified tax system, booming employment growth and surging population at an average of 238 people every day, the state is nationally recognized as one of the best places for business.Taylor Morrison (a client of mine) has enough land to build for the next seven 7 years.

Been reading through Brandon Turner's Rental Propery Investing book and I recognize that my network is nonexistent in the realm of real estate.

It's when that power is recklessly coupled to overenthusiasm, a willingness to extend oneself too far, and a lack of asset knowledge that people get into trouble.

Advertises or holds oneself out as being engaged in the business of selling, exchanging,purchasing, renting, leasing, or managing real estate.4.

You will recognize them only after you have analyzed a ton of properties.  

@Shane Jeanfreau: even with the 10% penalty waived, you will owe taxes, as noted, but I would also be cognizant of how your employer is recognizing any match they may offer.