So for this I assumed a conventional loan with a 5% down payment.

Could I get a conventional loan on the property?

I'm financing it as a second home (since I'll occupy some of the time and rent out when I'm not there), through a conventional mortgage.

Gloria above kinda touched on the Indy market but Indy is great market to look into for a lot of different reasons such as population growth, housing inventory, and cost of entry.

9) adding multiple ADUs or adding an ADU to a quad looses F/F conventional financing.

I think that has leveled off with new inventory. 

But looking forward to creatively doing it going forward versus conventional.

May not be able to qualify at this time for conventional financing or the property needs work that they want to upgrade first.2.

Unfortunately this is not an option for us as there is no inventory available nearby, and NYC prices are out of range... so we are shifting our perspective to possible out-of-state investing in order to get started down the path.

We are at tipping point to return to recession.).Seems to me (at least in California) like the past 10 years have been in EXPANSION but inventory remains low.