Internet: the resident can get their own internet account as long as there is phone/cable in the ADU.

Some programs offer 30-45 day rate locks when you pay for your appraisal, one that rate locks indefinitely so long as you as the borrower aren’t holding up the loan process, while others rate lock once we get to underwriting. 

How long have you researched the program?

Long time since ive been on here.

To be successful when you get into investing, you need to have savings, a lot of it to get started and have reserves.You can't house hack with limited downpayment, mediocre credit, and a lower income new job so your goals now should just be to focus on making money, taking care of your dad, and learning about real estate if you really think it's a think you would like long-term and not just the thought of passive income.

@Allen Wu- .25% rate difference wouldnt be  ample for mw to choose to use a 10 yr arm  versus a 30 yr fixed ....especially  if the proeprty will be a long term hold .....once rates  drop you can  always  look at rtefinnancing options ....make sure to  review all the rate / fee options ....the  more you are willing to pay in loan fee ( points) the  lower the rate you can get will be 

The townhouse is 3 stories with a office on the bottom floor, kitchen and livening room on the second with all rooms on the top floor.The Townhouse is being rented by a friend and we are being helpful this year.

I am an investor friendly agent with 8 properties myself and doing str, medium term, long term and rent by the room strategies.

My wife and I currently have 2 single family long term rentals and would like to add this to the porfolio due to their 3% mortgage and high equity.

If you do this you'll have a huge pile of money that will allow you to pursue whatever strategy you want very quickly.If I had to do it all over again, I would buy a personal residence as soon as I could, probably house hack, then buy a new personal residence as soon as I had the money for another down payment then turning the old house into a long term rental.If you're just starting I'd also recommend listening to the Bigger Pockets and Real Estate Rookie Podcasts.