Considering real estate investing either prior to or after this.

I believe in SLC, they are still requiring the owner to live in the main house (meaning you don't have to be there, but you can't rent it) for you to use the ADU for anything else.

This doesn't predict anything, it's just a summary of what has taken place so far. 

I also like to use incidental insurance as an additional layer such as Waivo to cover items.

So take into consideration the holding costs of making no money for years into the process. 

@Marc Shin We're funding cash out refis for a lot of our most experience BRRRR clients right around day 91 (to pass 90 days of title seasoning) where we get the process started (appraisal, title, application, etc) around day 60  (plus or minus) when they have the place fully renovated and at least listed for rent (we'll use appraisers opinion of market rent to calculate DSCR). 

This will let you build some relationships and know who is who.

You can easily do this on a spreadsheet, and it will take less time to track than finding and learning new software.

I'd never enter into a sub-to agreement unless I was the one making the payments.

Out of our 22 MTRs we're managing, 6 are currently rented out like this.