My spreadsheet is custom built for my needs loosely based on J Scott's books and philosophy.

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

You are going to loose out on a lot of income by doing this .If your cleaner cannot complete a same day turn - time for a new cleaner 

Since Terrance wasn't doing anything to get contractors to do the work and we were loosing money on it, we sold it for around the price Invictus purchased it for, which did not include the renovation money.

Also we just put a Amazon basic lockbox down low adjacent to the door with a spare inside.we also have a back up to the back to lock box hidden if someone should forget to replace the key when they leave or loose it from the original back up lock box. 

But if they have enough volume to spread out that risk with tighter underwriting guidelines, maybe that could be ok.But I suppose in reality, most doing those LTVs are also loose on the underwriting guidelines.

The tenants would have to supervise the bunny closely if loose inside the house.  

@Shayna Hatcher it’s good to be cautious, but sometimes looking into things too much in this business will make you loose money.

So what if you make a mistake and loose 10% of $50,000....you will have learned many valuable lessons and still have a piece of real estate worth $45,000.   

Cons are the cost involved in (both time and money) and loosing out on having a professional to guide you through the process.