I'd be happy to help and have absolutely nothing to sell.

Only thing I'd say is that I've seen a slight tightening of the market as more people hear about the model.

That is a great post, and I'd love to follow up and see how things went for my own personal knowledge. 

With a full gut like this, I’d rather overestimate than get caught off guard mid-project.

My background is in construction management, so once the work begins I'll be able to facilitate the construction in a timely fashion and oversee the work that needs to be done well, but my concern is actually getting started.I'd also like to make sure I know the root cause of the foundation failure and am not sure if that would be covered in the inspection or if I'd have to have an additional consultant come out and figure out what is going on.

However, if managing tenants isn’t something your parents want to deal with, selling after renovations could also provide a large profit.Feel free to reach out if you'd like help with running numbers or considering financing options if you go the ADU route → I’d be happy to help!

I'd underwrite the deal as any other - make sure you are conformable with the quality & tenant base. 

I imagine people who've had 2nd or 3rd houses in hollywood hills are not interested in rebuilding or doing the work. 

I'd talk to your broker on what it'll sell for after the fact and where the market is heading over the time you plan to own it. 

I imagine for people who have had accounts there for a little while would be approved quickly.Also on the cashout refi definitely hit up Community Bank.