This seems crazy as the risk is different, the rules of what you can do with the cabin is different, and most importantly the price difference between cabins on land they own versus forest leased land is extreme.

I will be graduating with a degree in Digital Marketing and have been applying to jobs for a while with not much luck.

@Celine RechyyThe primary rule of thumb is you can never start early enough in real estate.

But it’s unclear if this applies to HomeStyle loans specifically, given the initial renovation appraisal already accounted for these improvements.I want to know if anyone here has been successful in getting PMI removed under similar circumstances or has any insights into the specifics of Fannie Mae’s policies for HomeStyle Renovation loans.

Also make sure you understand everything about adding an ADU including value of the ADYPU, financing, impact from rent control, duration between initial expense and initial income, true cash flow (know the 50% rule, at 50% rent ratio initial property tax will be near 20% of income)- educate.  

There's no rule though.

@Dennis Gallagheri don't really use any rules anymore, i just evaluate the actual expenses on actual properties. 

If you want they're help applying for permits or getting contractors around, that's a different story, but general questions is what every business answers the phones for. 

The custodian is who applied to my rental and also the one that came to view the property to ensure it is ok for the tenant.

I had applied for the CALHFA ADU grant and clarified options in the beginning.