@Jeff Nash, noted the two year period. 

We had success in summerlin with insurance company paying .. over a 24 month period we had 3 tenants   fair market rent at the time was about 2200 or so non furnished.. we got 4100.00I did not like the turnover so I put it up as furnished rental and got 3500 and its going into its second year with a superb tenant. so seems like a happy medium for us.. 

It may trigger if you are paying down the balance aggressively during the prepayment penalty period. 

The first thing is to start looking and find an area or properties that you like before your property is even sold, and before your 45 day identification period begins.  

Hypothetical, you buy a property, you add the ADU, you refinance after certain time period, how does that process differ from purchasing a property with an existing ADU?

It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.

If Inflation goes up to say 8 to 10% at the end of 2025 and stays up for an extended period due to Feds printing cash, you will lose cash value if your rent escalators don't follow it. 

The only issue I've had is a small period where the laundry pods would always be empty at turnover. 

After the 24-month period, you have more flexibility.

They stopped paying the lender and wanted to work something out with the lender but the time is running out (ie the management company did not do any significant improvement during the forbearance period) One of the LP just emailed me and said we need to raise 65k to enlist help from this company.