Home Possible is 95% LTV, as compared to FHA's 97% LTV, but with the added benefits of beginning with a conventional loan (no mortgage insurance for life of the loan, as opposed to FHA), having a stronger offer, no self sufficiency equation, plus less strict standards for home condition that can kill the value-add ambitions you had with your FHA.Recently there were other changes with this program that makes it an even better product, and the only person on this whole forum who seems to be catching it is @Chris Mason who has written about it herehttps://www.biggerpockets.com/forums/517/topics/42...and herehttps://www.biggerpockets.com/forums/49/topics/609...I just wanted to point that out as you get into it because if I hadn't found this product I'm not sure if I'd even have a house hack right now.  

Sometimes the little extras can save you on the carrying costs. 

None undoable, but things like low-end tenants and rehabs and value-adding and such are more advanced things.

He may be charging you over market for these two properties, but you get his mentoring expertise, so it is worth the extra money.

So some banks put extra restrictions on investment property loans.....and some just don't do them at all! 

Looking to grow and learn from experienced investors by adding value in any way I can. 

But there are some restrictions on getting that extra 10% off.

There is no room on the first floor to add even a half bath, but I am going to be adding a full bathroom in the basement.

@Stephan Dubissette That sounds great Stephan, let me know if you decide which one ad I will see if I can make it as well.

I went with 500k liability on the property, and added a separate umbrella policy with my existing car/home insurance for 1M, totaling 1.5M.