This will be around 150k, but down in a 5-6 years this project should help triple (or more) that amount invested when its time to sell the house.I would use 50k from selling stock and the rest from the HELOC, starting paying right away, up to 1200 per month or so.

This could increase consistent revenue and give him the flexibility he needs to focus on really starting BRRR. 

I started listening to the podcast and got hooked instantly.

I am currently employed in retail sales and am very excited to start my real estate investment portfolio!  

At current rents the property would lose $315/mo. 

Recently I started using nationwide title companies to pull title reports for me as I get them to also confirm if the title is insurable.

You are going to lose major money renting it out.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

I think I will take part of your advice and start sending out LOI's 3-4 days before the downleg closes and see the responses.

Started yesterday after I sent a lease agreement to new tenants.