that accepting full rent up front is generally not a great idea despite sounding ideal. 

My mil has excellent credit, 800+, with no debt.Any ideas on how make this happen.Heloc would be great, but the 15 year term makes the payment too hight.A 3-1 ARM would work, with co-signer, as we would refi after the second year with solid rental history adding to my mil's income so she would qualify at that time.Below are some quick numbers for this project$180k - ADU Budget$142k - Current mortgage$942 - Current monthly mortgage$585k - Current Value of home/property (no including basement refinish or ADU/Garage)$1800 - market rent on ADU$500 - current walkout basement rent ($1200 market)$2200 - mil's fixed budget (PERA retirementThoughts?

NOPE..... having a tenant run a business out of your property is almost always a bad idea.

I'd be happy to chat with you about your growth goals and share ideas on how you can build up your rental portfolios. 

Also, any other ideas outside of the typical carpet, carpet tiles, tile, vinyl rollout/plank, etc would be welcome to research more.

Hey @Justin FraserLove the idea!

Have an idea of what it will cost to build.

PS, I have no idea about any of the numbers since we don't have info as to what the actual repairs are, what the ARV is, and what your monthly holding costs consist of.

To give an idea of cost .

Hello, I am trying to get an idea for the tax consequences I would face by selling a property that I acquired via 1031 exchange.