I have since put in new hvac system, changed layout from 1 bed to 2, new roof and full electrical upgrade.

To perform a lot split on an existing lot with an already built home, the new bill allows requirements from individual municipalities to set minimum lot SF and layouts, there are utility easement issues, and most existing homeowners will not want to split their SF lot on their primary residence.

Re-designed the interior layout, added square footage, added master deck, and re-designed the exterior from dated Tudor style to Modern Farmhouse.

I spoke with an escrow officer this weekend, and I think that the best way to go about this would be to lay out the specifics in the loan doc, and not worry about doing a deed of trust between them and myself.

The layout was ideal for that conversion but it was definitely still a challenge to make the numbers work.  

We’ve opened up a wall between the living room and the kitchen, added an unfinished laundry room to the HLA, adjusted the layout to add a hallway and make the third bedroom official, converted the bedroom to a master suite by adding a bath, and did some extensive foundation repair What was the outcome?

You could also add a simple layout to the listing.

Its a mother in law layout where downstairs tenants are paying $1700 a month (I've seen places rent for 2K+) at 900 SQ FT 2 bed 1 bath.

The applications would lay out the rough numbers most likely though on the smaller deals.Food for thought.

That will be an extra $1500-$3000 in insurance premiums you will pay because of the claim.If your roof is $5000 to replace, and you have a $2500 deductible, you are actually could lay out more over the next few years.