New California ADU Law 2020 : Advice needed

[Zul Hirani]

The proposed strategy: Buy an SFR -lets say a 4 bed/ 2 ba house -1600 square feet ...subdivide interior to convert to 3bed/2 ba @1000 square feet plus a 1bed/1ba @ 600 square feet Jadu unit--rent out both units ---refi ...take repair money out -repeat -longterm hold strategy Cost to do this should be much less than converting a garage to jadu or building a detatched adu

Why is nobody talking about this?????????

Can someone point out the advantages and disadvantages to this strategy

Are there any Lenders who would do the refi cash out in California on this type of project??

Are there any podcasts of success stories on this topic on bp.com??

Please help

Thanks