gtawolf

I did that yesterday it wouldnt load either but the day before if i used rph but dont load any mods on startup and renamed the mods folder then it did launch

Hi,
 
As long as you have enough disk space for multiple modded GTA V copies, then the answer is yes.
 
You will need to rename your backup copies to something other than "Grand Theft Auto V," for example: "Grand Theft Auto V - LSPD."
 
When using a particular copy, rename it back to the original name. 
 
One thing to keep in mind, you may need to keep all of those copies updated, if there is an update for either GTA V or LSPDFR/RPH.

To my knowledge, that one should be fine.

The second "update" after the "Chop Shop" DLC was a Rockstar launcher update, those updates have no effects on the overall functionality of the game/mods.