Real estate is a long game, and while appreciation is a powerful tool for wealth building, it should be balanced against the immediate financial realities and the market's future outlook.I hope this helps!

Do local ordinances or ADA guidelines require changes to the property such as: - accessible ramps- sprinklers, fire alarms, fire escapes, etc.- bathroom upgrades- modifications to size of types of doorways, windows, etc

We require them to show up at our office, then we travel to the showing.

Is notice in a legal organ the only requirement?

My investment approach required fixers with good value add potential.  

DSCR will not allow for owner-occupancy, and also will require much larger down payments.

Typically the terms on these loans are 3-5 years and require at least 50% down

Do you have any advice for how to balance that relationship as friends but also as renter-landlord?

The Second DCA also specifically noted that a claim for invasion of privacy—intrusion upon seclusion—does not require the publication or distribution of photos or videos to a third party.

However, is sounds like those either require previous build experience, or else no experience but they'll only fund about 65% of the construction costs.