These areas often provide a good balance of affordability and rental demand. 

@Dominic RichardsonPrivate money lenders typically want a property with great potential and an LTV that secures their principal.

Having a 24 month term on the front end will also make my job easier doing the take-out loan when it's time to refinance into permanent debt, because there's room in there for a full year of tax returns to have been done in the middle (if your exit plan is to sell, it'll also make it easier on your buyer who will presumably be willing to pay a higher price if they can get an A-paper good mortgage).Ask for a 24 month term, tell your contractor you want it done in a year (and make it financially worth their while if they can pull it off), internally/mentally plan on 18 months, and I'm putting you on notice now to do your tax returns on time, rather than extending them (don't fight me on this, please just do it).Trying to get a renovation mortgage like this for only 1 point is likely a waste of your time, but if you want to ask, after you've secured the above as a 'done deal,' go for it, can't hurt. 

It may be turnkey, but when was it built and why isn't the turnkey company providing you with a home inspection, including sewer, with the package?

I appreciate any guidance anyone could provide!

I don't think it exist yet.If that is the case, can we do our homework by providing the comps with similar attributes (ADU, JADUs, etc) when requesting the appraisal?

I can provide further details please DM me.Thanks,NavjeetContact the relevant state’s attorney, attorney general, consumer protection agency, and securities commission, for starters.

Do we have to show proof to the buyer that he has settled the capital gains tax and/or provide the IRS certificate? 

They could provide valuable insights into which areas are hot for investment and could maximize your returns.

In 2-5 years we will have moved into new property and secured a renter to cover mortgage in the existing home.