And there are specific strategies to use when buying the property so that when you refinance it, you don't have to leave a lot of money into the deal.

Specifically, I would appreciate any links, videos, or other resources that outline my obligations.Do I need to mail the tenant a detailed statement showing any deductions from their security deposit and the remaining balance, if applicable?

It is highly advised to keep learning continuously as the real estate industry is constantly evolving, and staying updated is crucial.

The lender will only communicate about a specific loan with the borrower.

You do need to follow the process perfectly and specific to your city and county.

I find it beneficial to communicate my screening criteria to potential clients before they arrange a viewing or submit an application.It is useful to directly verify information with employers and landlords.Make sure to follow both your state regulations and the Fair Housing Act.

Through that process, I discovered my passion for construction, specifically finish work.I wanted to continue house hacking and build more ADUs, but I have been priced out of the market.

If you choose to proceed, I recommend verifying the source of the funds as it could be tied to a specific type of compensation.

@Eric Boshart...this type of financing does exist by specific DSCR lenders, but you're going to be limited on LTV and there are nuances with what constitutes adult care facility. 

Very specific areas are not subject to the waitlist, or zoned intentionally for their use.