Basically, an unpermitted apartment has been created under the permitted space, within the footprint of the old house.

Before this I was an environmental education teacher for over a decade, and last year I got hooked when my friend had me listen to the podcast.

I know we will see the cottage property management industry shrink every year until it only represents a very small footprint.

Any QI with a national footprint and demonstrated experience can help you out.

Tenants will only increasingly become more aware of their carbon footprints and this will become a growing issue. 

So much so that the U.S Green Building Council has implemented a new standard of green certified housing knows as LEED or Leadership in Energy and Environmental Design. 

Review and approval of the documentation concerning the property; Completion of satisfactory physical and environmental inspections of the Property; including suite inspections.

I don't think I would remove a tub unless it was a 2nd bathroom and the other one had a tub or the bathroom's layout was problematic and it could only be solved within that footprint by changing to a stand-up shower.

The risks of environmental alone are well worth the protection of personal assets and thats not including any of the other contingent liabilities that can crop up during ownership.If you're looking for an alternative to an LLC that would offer protection of assets then you might look at a Family Limited Partnership.

Usually you have an underwriting fee of around 3K, an initial environmental survey will cost at least 1500 (if it goes to a Phase 1 or Phase 2, just stop and find another property) to name a few.Best of luckStephanie