There is a reason STR command higher prices.

. - A dramatic increase in the supply of folks needing a place to live usually results in increasing home prices and increased rents.

That's $333 a month on a one-year lease, which means you would be better off dropping the price $200 a month and finding a renter quickly.

Is it feasible to obtain a loan or a good old boy agreement where a lender offers 100% financing for both the purchase price and construction costs at hard money rates, secured by a second position on the borrower's other properties?

Thank you and I'm looking forward to talking with you all!

Is there a typical amount that may be offered extra to help them out after I come to my price?

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

I'm looking for alternatives as they've been increasing the price and I'm paying close to 70 bucks a month on the software. 

The goal is to not eat losses every month for the next 5 years while I wait for rent and price appreciation.

That's ~12% Cash on Cash return which seems pretty good/decent.My concerns are by doing this, it would reduce my rent price on the main house (most likely since they'd be sharing with other tenants on the property) and also I'm unclear whether adding an ADU would negatively affect the value of the property.Option 2Consider converting the property into a short/medium-term rental, specifically to travel nurses.