The loan will be on the additional collateral you created.

Let me know if I can provide any additional tips or resources to help.Best regards,Sadler Surratt 

In addition, suncoast will charge you a 1 month rent just to get the property filled, so you are already starting off massively underwater.

In most single family zoned areas adding a single ADU is not a value add meaning it will not add more value than the hands off cost of the addition.  

I would appreciate any insights and additional things I may be missing.

Its more like 98/2 with an additional 5% saying they do stuff so they can get a piece of someone else's hard work while they have not done anything and live in their mom's basement.All that said there is value well over the cost for those who apply themselves to deriving the value. 

Keep existing and add an additional -~2000 sq feet 3.

This is straight from the CFPB website: "Additionally, for 60 days from the date your loan servicing transfers, your new servicer cannot charge you a late fee or treat the payment as late if you sent it to your previous servicer on time or within the applicable grace period."

However, i'll likely be looking at additional ways down the road to be even more secure for a backup what if scenario.  

Additionally in terms of a GP/ LP relationship, would preference of LPs create the same dynamic in choosing one GP/Sponsor investment over another, if all technicals and numbers are the similar between two investment?