ADU’s typically have less code impact on the property.

Michael,The three options I see to increase your coverage are as follows:1. 

If you proceed with upgrading the panel add enough capacity to charge an electric car and put in baseboard heaters so you wont' have to do this again if you decide to add either of those options down the road. 

If you are self-employed or own a small business - your best option would be Solo 401k plan, which is superior to SD IRA and Checkbook IRA, but there are eligibility requirement you must meet in order to set one up.Hope this helps.

Depending on how much material or items you need there's always people selling excess material and items they ended up not using or needing, typically at a discount.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

We're currently in the process of narrowing down venue options and would love to hear any recommendations from those familiar with the area.

It is part of the game as with any other potentially high-reward endeavor but it doesn't have to affect your well-being.That said, your vanguard account is a good reminder that there are other avenues to consider outside of RE.I'd recommend continuing to diversify by exploring other RE options.

I have not had any direct contact with him, but the info on his site is typically spot-on and I link to it every now and again. 

Hi @RaeAnne Conat, there are specific lending options that cater to this type of scenario.