UPDATED STRATEGYBased on input thus far, here is my updated strategy:Use cash and a construction loan (if needed) to build and rent a 4th conventional unitRefi at conventional rates (original mortgage + construction loan + up to $900K cash out for a 4-plex)Build and rent 2 ADUs using cash outBuild and rent basement ADU with HELOC, construction loan, or cash outStart an ADU building business (there are at least 1,000 homeowners like me in Berkeley - I will meet each one) BRRRR small properties or syndications to cut my teeth with any remaining cash outConsider whether selling or exchanging makes sense once all rents are seasonedUse accumulated cash flow to buy smaller properties or syndications to establish teams in key citiesKeep my eyes peeled for jumbo cash out loans to enable much larger RE investments down the roadShield all RE investments from liability stemming from potential catastrophic losses to highly leveraged triplex in CaliforniaLastly, it will take a while but I intend to report back with successes and lessons learned as I move down my bucket list.  

Below is my best (short) synopsis of how we got here today and how this effects us as Real Estate Investors.The issues stemmed from the COVID shutdowns back in March when most construction projects were told to halt.

Let me suggest this, my biggest wins from real estate have stemmed from getting out there and meeting people and building relationships!

Need recommendation for an insurer that will cover a cannabis dispensary.

This stemmed from him working at a place exposed because some preacher recommended not wearing masks at large events.

@Christian Moreno1) Have a full time job2) Be attending a community college for your generals3) Transfer to a state school and study something useful (STEM) Take an accounting/business class or two.4) Buy a house with the most bedrooms you can afford.

It stems from the fact that many times buyers would go directly to the listing agent thinking that because the agent acts all friendly and helpful, that he's now "their agent," and start to tell him all sorts of secrets about their buying needs, how high they could go, etc.

One area where I am looking for rentals has a limit of TWO unrelated people.My understanding of this is it stems from behavior in frat houses such as is seen in the movie "Animal House".

Most reliability issues stem from hardware and end user inexperience.

There has to action taken by all of us to stem the violence and protect our children.