They have no clue what they’re doing.  

Our lot size is 7300 sq ft and main house is 1700+ sq ft.Location: San Jose, CA- We were thinking to potentially design the ADU such that we could have a wall (or a door) that allows us to separate the ADU into a 1 bed/1bath for self use (or rental) and another part which could be rented separately on AirBnB as needed.

@Matthew HoldenDo you have checkbook control or full custodial SDIRA?   

In my opinion, in order to move forward, you have to have a somewhat significant cash flow that allows you to build reserves again.

I have a feeling the snowball of moment is increasing, and you will have that 4 plex in no time at all!

Yes like Min said, its great to have a plan but I would say the action is much more important - I did a few bad deals and learned so much more than I would have if I was just sitting on the sideline planning things. 

Ask them if you can speak to some of the borrowers they have lended to find out if they enjoyed working with them

Excited to have you in the community and hear about your journey into real estate.

We have several business and are looking to borrow against these mortgages. 

The most I have ever used to buy a property is 10% down.