Went generous on some of the numbers like rehab, wanted to see how this would pan out even for someone newer.

The fiberglass shower pan was installed by a "pro" ... friend of a friend who is an actual plumber.

@Christina Labowicz did your strategy pan out for a FHA loan on a SFR and adding a ADU? 

It sounds like maybe it makes sense to start renting first, see how things pan out, and then buy a few months down the road.

We also made sure the place was vacant and empty of personal items (they were other than some pots and pans).

This property was a unique opportunity for STRs so hoping it will pan out! 

Interested in hearing more and how this ultimately pans out for you. 

We are now told that the Shower Pan Liner needs to be replaced, for which we received a quote of $10k!

remember that every real estate plan works great on paper, real life doesn't play as nice. this program SOUNDS great but there are a lot of things that aren't going to pan out to these optimistic expectations.

@Ken Latchers You are correct that, particularly in the case of the Swine Flu and Ebola, early predictions of the spread did not pan out but the spread of covid-19 has already outpaced what was expected.To quote a former CDC director:"In just two months, the novel coronavirus spread from a cluster in Wuhan, China, to an impending global pandemic with cases in more than 60 countries.