We estimate that it would appraise for about $450K now!

Younger investors, or older ones without kids and parents and dogs and other such things can certainly choose to live in a duplex unit.I don't expect this to be a game changer, although I do expect that it will change the way ADUs are appraised.

They should be able to get you some sort of pre-approval letter (of course it will still depend on inspection and appraisal from them).

Monthly inspection now in place...1st house was reappraised at 60k we owe 38k so assuming useable equity of 80% gives me 10k. 2nd home bought at 57k appraiser at time of purchase said fix all the small issues and its 120k+.

You might not be able to do anything about a crappy inspector or appraiser in your state, but you're talking about losing a few hundred bucks if you don't like their services, and you can go get another one.

Initial funding of 100% means there would be no down payment.Do you require an appraisal and survey?

Initial funding of 100% means there would be no down payment.Do you require an appraisal and survey?

Do either of you know how they play out from an appraisal standpoint?

The property appraises for 200k.

Would this impact the appraisal much, or should I hold off and wait to replace it until a tenant mentions it?