HML might have been an option on the right opportunity a few months ago, but those loans are pretty much frozen right now, unless you have experience and an existing relationship with the lender.

So, first non engineer personal took a look and said he would install 8 steel shims under existing supports. 2nd person(engineer) did not see it yet but said he didn't think that would fix the issue.

Ask them to provide documentation about what damage actually exists and what they are doing to repair it.

Here are my objectives:OBJECTIVE #1: Do a 150 sq ft addition to one of the existing unitsOBJECTIVE #2: Convert two covered garages into a single ADUProblem: the city zoning allows for a maximum lot coverage of 45%.

@Alex Mikhals what you are requesting doesn’t exist (especially not for that price).

Look for places where current rent is under market and then plan to do some light rehab/repairs after existing tenant moves out to raise rent.   

Every decision you make to buy is based on how the exist lines up and sets up the next buy, and so on, and...

Since I plan to DIY landlord and my skill set so far are close to non-existent, i know I won’t be able to keep a B class tenant happy.

In either case, you should verify that you are eligible to transfer the funds from your existing retirement account (e.g. if the funds are in your current employer 401k, you will likely not be able to transfer until you quit your job).Considerations in Setting up a Solo 401k to invest in real estate:1.

If there is an existing title policy the title underwriter is the best party to start with.