I have received the book, which is AWESOME!   

Is the tenant then responsible for paying the rent, or would we always receive it from CITYFHEPS?

Make sure you know the value the ADU will add to the property before building the ADU. 2) The financing on an ADU is typically far worse than for initial investment property acquisition or is often not leveraged (HELOC, cash out refi, etc).

If the inspection timeline (typically a week or so) passes, you're earnest money is gone.

Once closing is complete, the title company will disperse the funds and you will receive your assignment fee.

I received an email from Getaway Rental Investment Platform. 

When you are talking about best ROE (return on your equity), DSCR Loans are generally going to be a best bet ***as long as you don't qualify for conventional options*** - typically DSCR Loans will have better leverage than more traditional Multifamily financing, but when starting out and starting to scale - the leverage options for the Agency-backed conventional Multi-unit loans are going to be your highest leverage option by far - however, people typically max out on these options pretty early on - until truly working with large multifamily (like 200+ unit properties) that qualify under Freddie

Then the judgment would need to attach to the property and then you can foreclose.Issues that could come up are I assume there is no third party servicer to claim the payments were or were not made- so there is a he said she said - if they also occupy the property and statements were not sent you cannot charge interest typically on the loan.You will need an attorney involved to see what if it is still collectible.

Any tenant that breaks the lease may not receive any DP until then.

I think it was just called their "Accounts Receivable" card and my limit is $8500 which has been sufficient for my needs, but I could foresee wanting to up that in the next couple years.