Read as many RE books as you can get your hands on.

BP provides alot of free information & there a litany of good books to read on the subject.

I never had to do it but I would assume you could just cash the money in a bank if they asked pre-closing.4) If you're considering reaching out for more information, feel free to let me know.Lastly, regarding the policy with Mass Mutual (or NW Mutual too), it may not be advisable to use them for your intended purpose.

I'm looking forward to getting to know as many people as I can on Biggerpockets so feel free to reach out. 

Feel free to send us what you have.

There are a handful of banks that specifically focus on the Profit First model and have their accounts built for it.The first is technically not a bank, it is a fintech company that partners with a bank to hold the assets.

If you have any other questions feel free to reach out, I would love to help! 

I have yet to see a hands off ADU addition obtain a valuation to cost ratio anywhere close to approaching what you site ($210k cost to add $350k of value).  

If you need more info feel free to reach out I can explain in detail based on your actual scenario.  

Note - the units without off street parking do have free, non-permitted street parking and there is always space right in front of the houses.