Hi Enrique, as a realtor you have access to the MLS and Neighorhood Scout and AreaVibe if its available in you area can give you ratings on crime and schools.  

Sounds like if I stay conventional then my best rates will no doubt be the 25% down options. 

Start by deepening your understanding of CRE fundamentals, including net operating income (NOI), cap rates, and lease structures like triple net (NNN).

The mortgage is $1800/ month, but I am looking to refi and pull cash out to finish the ADU and lower my interest rate by 1-1.5 points.Lessons learned?

what happened to me is all the good rate bonds are snatched up before we could get them.

interest rates and prices are high and people are contorting themselves into pretzels to try to buy. 

My best guess is their failure rate is more than 98%.The truth is not as “convenient”.

In this market, I would not finance a first time flipper at 75% profit split because the profits and success rate is lower than the last dozen years.  

Taxes will still be owed on the boot plus depreciation recapture (approximately $105K taxed at a 25% rate).

If you aren't going to be living in CR full time as you try to execute the deal I do not think it is physically possible for you to obtain a loan from Scotia Bank and not worth your time to try because the rates are so high.