So I went with the advice to just get extra liability on my properties and call it good.

The basement has consistently been linked to the first floor, which features an extra bathroom, a living room, and a spacious office.

I'm just wanting to know about what MOST people probably have no clue about and hoping I can get someone who does to answer about is it legal for a lender to change a payoff KNOWING that there was no extra fees, interest etc that was actually owed for a higher amount with the purpose of then sending money they received IN ERROR to then pay their borrower back the extra money on the side.Again, long story short, my well over 2M was sitting in escrow with a closing attorney. 

They'll be all sorts of SIGNIFICANTLY EXTRA tenant complaints!

What happens if the tenant takes an extra three days to move out?

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Single Room Occupancy (SRO) or PadSplit / CoLiving are able to make a ton of income, especially if you modify the house with a couple extra bedrooms. 

0 Chance.Cmon, pay for insurance or just don't own real estate.Trying to gain an extra 2-3% ROI and risk your entire principal is just stupid.Don't be cheap, get insurance.

The property is 3B1B and I plan to add an extra bathroom it 3B2B.

As mentioned if the holding company is not solely holding or owning assets together funneling monies as a loan would further complicate if there is a default but also cause you to file extra tax returns = $...Yes you are taxed on interest income or any money that you make, does not matter how you structure it, what comes into play is not how much your taxed but how much you pay someone to figure out for you how much you need to pay and each layer is an added cost.