I am currently retired and just purchased my 1st duplex in Upstate NY using a conventional investment property loan. 

Conventional loan and renovated in cash.

Funds from a 1031 exchange and conventional financing.

This inventory will be absorbed but it may take a short time.  

Best value at selling is to remove the JADU due to poor auction the result of mostly needing a house hacker   In addition, if you already have a regularSDU (which would be primary reason to add JADU over an ADU), the property by rule does not qualify for conventional financing.  

But if all you're doing is acting as a PM, that's all I'm willing to pay you for.No conventional lender is going to allow you to have a CLTV (combined LTV) of 100%.  

A building with to high STR non owner occupancy doesn't appreciate as buyers cannot get conventional or jumbo financing in the future.

The loan I have right now is the loan from the bank - a conventional loan.

I think because the majority of people who refinanced during COVID are holding up, we don't see much inventory in the market.

Anyone aware of the ins and outs of how Fannie Mae-backed conventional lenders count income from Airbnbs?