Mollie,The other thing you can always do is ask the broker/lender/bank for a copy of their guide lines or their program matrix. 

Banks are going to be tightening guidelines during this.

Before we’re able to, we discover the reason he’s gone MIA: he gambled away all of his client’s security deposits and December’s rent checks.Had we gotten our act together sooner and bought closer to September, we would’ve been part of that unfortunate clientele.

If you read the Fannie ADU appraisal guidelines, it is easy to see why this is happening. 

They all gamble all of their money away in terrible short term trades. 

SEC published new guidelines for definition of an accredited investorhttps://www.sec.gov/news/press-release/2020-191

@Dustin Zenz - The 20-25% down is based on Fannie Mae guidelines for 1 or 2-4 unit properties, non-owner occupant I believe. 

FHA guidelines give me 60 days to meet owner-occupancy (move-in).

I honestly do not recall from reading the guidelines if anything specifically mentions living in a RV at the residence.

That 4th unit would increase the cash out ceiling by $300K under Fannie Mae's lending guidelines (increase from $600K to $900K cash out).Under new state law (California), I am allowed to put in two detached ADUs and a third ADU in my converted walk-in basement.