I am currently looking for alternate funding to get an ADU up to start renting, and am finding it difficult to source investors within our borders.

The tenants are on a fixed income and were getting help from the other five family members for the 3,100 rent.

These are generally 12-24 month interest only loans that borrowers will generally pay back by selling or flipping to long term financing like DSCR loans.More on DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Okay, then there's a lot you'll want to think about depending on your other income and your financial situation. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

It would be the income after paying all expenses like mortgage utilities etc and property manager

In the most recent court documents, he's claiming he doesn't have an AirBnB or short term rental income.

The rate will be high but you won't have to provide any income documentation or leases. 

Could we buy a property > $500k a year out of college with two streams of income?