I also saw your post on one of the local Buffalo facebook forums, and will caution you that you are going to get a WIDE variety of feedback from a WIDE variety of investors -- especially on that group! 

Consider structuring your investment through an LLC for liability protection and tax flexibility.This post does not create a CPA-Client relationship.

The highest value post-TDR use, though, is to go further and create "ecological mitigation" credits and then sell those, too.

@Richard L Buchanan what is the point of your post if you're not going to share something we can help you with?

Most hard money will be interest only payments on the full approved balance of the loan whether or not if you have pull the draw funds for repairs.If you have any other questions, post them in the same thread below so that we can all learn from the answers.

This puts the current market rents of $885–$925 per unit well within the affordable range, with room for modest increases post-renovation.I’ve also reviewed competing properties in the area; apartments seem to be listed between 975 -1000, and houses are listed between 1300-1900.

I know this post is a little old and not sure if you went through with your ADU construction yet, but my partner does ADU ground up construction in the LA area.

No one can answer that because there is almost no information in the post to help.

You need to send him a letter with proof of delivery required (a cheap date with US postal service) and you can also post the Notice in a sealed white envelope marked confidential to his door - and take a photo of it for proof of delivery. 

redid this as it ran together in Nates posts.