If I still cannot get a loan then I will have to get more creative, possibly try to find a seller who is comfortable with using seller financing.My long term goal(like many of us here at bigger pockets) is to someday be able to support myself and my future family with just my real estate portfolio and other investments.

I'm sure it will appreciate well over time since ADU's are still new and in 5 years there will be more properties to compare it to for appraisers - but we are not comfortable with covering vacancy costs that could be up to 7k per mo.

It might not be the best idea in a metro market, but in a VR market like this I'd probably go for it in your shoes.

@Ivan Maldonado I was once in your shoes and have to tell you, until you actually do a deal, you will always wonder.

I am financially very comfortable, but the bank thinks I am becoming risky.

I'd rather invest in areas I'm comfortable with.

There is quite a lot of learning and 'legwork' to do to get comfortable in a region, but it is most certainly do-able from Australia!

Ensure your values are aligned with theirs and that you're comfortable with their integrity, ethics, competency, and transparency.

Turnkey is easy but growth doesn't happen inside our comfort zones.

I am also not comfortable investing in a real estate market far from where I live because this is the only area I am very familiar with.