I'd look at it this way, everyone needs a fridge to keep food from spoiling.....but a W/D is a convenience because you can always just take your clothes down to the corner laundromat.....

Both options aren't the most convenient, but having to leave to do laundry is much more inconvenient. 

Having a separate bath was viewed as a convenience, particularly for the help. 

However, I know someone personally who had his loan called due so it's a gamble you have to be comfortable with. 

Starting with hard money on your first deal can be a gamble/a big bite in my opinion...

There are programs that will lend around 70-75% of the purchase price + any documented repairs but it can be a bit of a gamble if the purchase price + documented repairs will come back at the ARV. 

And after we sold, it's still climbing.its a testament that those who dont believe in appreciation or think its gambling are missing the boat.. great wealth is generated through appreciation  

It is like gambling.

It's all a gamble but I like my odds in real-estate and not with the casino. 

Love to hear your experience here if you did end up going down this route, or any others who looked into it.What I will say is that guests greatly appreciate the ability to play their own music, turn lights and temperature on/off, and a variety of other custom features that I have built into the property for their convenience. I’ve also implemented custom signage to allow folks a short list of things that they can ask Alexa to do, which is critically important to clarify understanding and usage.