I recognize that light vs heavy renovation impacts this and we tend to find projects that require more intense rehab than just cleaning and painting.THANKS!!

Then the SDIRA would be required to pay taxes for that filing year. 

But as time goes by, and my focus leans more toward legacy building, I am sometimes conflicted as to where to focus my energy... continue expanding, educating the kids, or enjoying the moment and allowing the kids to do their own thing versus steering them into REI.I find myself taking pauses to enjoy the cash flow, spend time with the kids, and deal with my wife's hobby farm... involving about 70 chickens and two separate gardening areas, while she enjoys working full-time at a local college.

If going with a full custom plan (e.g. you have a unique lot layout that will require a customized layout)… closer to $10K, including construction drawings, title 24 energy report & electrical layout, permit processing-Permits: $5K is typically what the total costs to the city will run for an ADU, even with the waived feesConstruction costs: $250/sqft + $10K-Building costs: typically $250/sf to start, for vertical building only.

Credit check, income check, debt to income check, possibly requiring a co-signer as well to ad an other layer of protection.

Both times required us to go there to get work done).  

It's probably in his best interest to hold as he only needs requires $250K MAX in addition to the property he is selling, and can secure a new loan on the new primary.

In my market at any time, I could probably find at least several active advertisements where someone is trying to scam people out of AT LEAST application fees perhaps by requiring they apply before seeing a unit or possibly even move-in money.

Now is a tough time to get into the market, it requires a LOT more research, more work and more due diligence.  

I do not know his name, but the attorney told him I will probably be required by the buyers mortgage company to buy a Redemption Bond, at $10.00 per $1.000.00.