To start the process they require: 1) letter of intent; 2) lien release proposal written with attorney or title agent; 3) survey with descriptions of before and after.

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.

Even then, they should be facing out to detect intruders, not used to spy on tenants.WiFi locks require a WiFi system.

Some of these are run by a leader and require a fee.

If you require an 8% APR to make a deal work, you don’t have a deal. 

They are much easier to work with and they are not required to file tax returns. 

Keep in mind if on well/septic there are likely acreage requirements-Site Engineer, does your area require a site engineer to draw up plans, pull permits, determine right of ways et with fire/utilities.

I didn't realize the $2-3M in other investments requirement to be honest. 

I'm states where e&o is required, it may actually then end up disqualifying you from having a license then.

I expect and require humility, fear, discussion of lessons learned, and a cautious rationale for why and how htey will move forward.