Help with Ideas for design! House Hack

[Erik Tsou]

Hi experienced investors! I need a little creative input here. I purchased a property in Southern CA I plan house hack.
So the obvious choice is to seal off the walls and just create a "studio." That will be the cheapest and most economical way. However, I would like to rent this out to traveling professionals aka traveling nurses, (usually 13 week contracts so semi short-term), or airBNBs (>30days the area I am located has pretty strict airBNB rules so > 30 days allow me to circumvent that). When I don't have tenant , I'd like to keep that as a nice guest house/places for my parents to stay if they visit. All that said, I want this place to be furnished and decorated.

The thing that bothers me is the step down from the kitchenette. (This family room is a permitted addition that seller made. So part of it is on a raise foundation and part of it is on concrete slab.) The lower portion of the house is tiny, and there is this antiquated in wall TV cabinet that I want to get rid of. I want to have a larger space for a bed and I am thinking maybe get that by taking out the walk in closet. I mean, it's such a small space, not sure if walk in closet is the best use of the space.

My current idea:

- Take out the Walk in closet and the TV cabinet and In wall heater to create a bigger space for a full size bed.  (I am hoping that there is no load bearing element in this wall)

- Get rid of carpet and replace is with LVP

- Change out light fixture

- Somehow manage a small living room space.

- Repaint the cabinets and add hardware.

- Add a nice dresser and a mobile clothing rack.

- Add a washer and dryer in the bathroom 

Anyway...any input appreciated.