So yes, my experience with loan servicers has been the same.  

It seems like rules/guideslines are changing by the day concerning ADUs, so would appreciate some real world experience in the matter.  

Only 1 jurisdiction allows it without a limit on days which is the City of Alexandria.

They provide all of the same benefits of regular ownership including 1031 exchanges. 

Property management would need to complete a walkthrough every 60 days.

My 1st day, I locked up two duplexes'.

This industry standard has been adopted over the past several years, and during that same tenure cap rates have compressed mainly due to a decrease in interest rates.

We are still partners to this day, with over 1,700 units.We've been able to use refinance proceeds, seller financing, syndication, and selling assets to scale.

I know this is a slightly different question than you are asking, but I want to ensure we’re using the same basis for IRR.

I use a simple 1 page purchase agreement that is assignable, I put a 60 business day close, and I have an assignment of contract that I use to sell it.If you would like them, I would be happy to share.Good luck.