They could demand a replacement of the sewer line prior to approving the ADU application which means there may not be a choice of not doing it anyway.

If you are going to be selling the note follow the 10/10/10 rule10% rule/ 10% interest rate (actually go 9.9% so it’s under 10%) over 10 years.You will first want to get a MLO (mortgage loan originator) to approve the borrower so you comply with Dodd frank (assuming owner occupied) - if not owner occupied skip to step 2.Have the MLO work with the title company on drafting the documents.

Meaning you’ll take the other bedroom with its own bathroom - I asked this knowingly that my girlfriend wouldn’t approve of this but an extra hundred or two or three might justify that.

You can get pre-approved with a lender so you know what terns are available to you.  

Get a pre-approval letter going from your lender.

@Heather SchmidtknechtFirst you need a tenant with an approved voucher to want to rent your unit.  

I figure the next step before closing is to get any soil sample tests and surveys done to make sure I know everything there is to know about the land and to make sure the county will approve the septic system.

I understand the PM company needs to make money, but these two items, especially the trash removal, seems a bit high.The good news is I have diligently put money in reserves from rental income during the year and this property's reserve account can cover this turnover (completely covered by tenant's past 1 year's rent).Is this reasonable and I should just approve? 

If we both sign off on the terms of the contract, does it then become legally binding or would it have to be approved by a lawyer for it to officially become legally binding.Many thanks 

I have a mid 650 credit level (as I just recently re-consolidated all my debt and will start paying monthly payments when I receive my approval letter).