Do you maintain the correct types of insurance and adequate amounts of  insurance? 

This is correct, a lot of the FHA guidelines have changed in the last year making ADU financing a lot more acceptable and easier.

So, if I choose to get paid a certain way, not by a commission, I could most likely do it, correct? 

For the pre-foreclosure properties, the realtor said it took a lot of time to deal with the owner with a big uncertainties so they can't help with those properties either.Please give me some advise on how to use foreclosure.com to find deals correctly.

For bookkeeping purposes for our clients, we usually do an 80 (building) / 20 (land) split until we have the correct figures from the county records (it takes some time for those to post sometimes).

Plus with House Hacks it is about reducing living expenses and getting into investing at a lower down payment and better interest rate.With this said, what people are saying is correct.

Asking in the correct forum will get a better response.Need a spreadsheet or form?

If managed correctly, the rental income should cover your property expenses (like mortgage, insurance, and maintenance) while still leaving you with positive cash flow.

I think I'll just pay some sort of consultation fee and have a engineer or architect review them and make any necessary corrections.

But my question is if this is correct, what should I put the sq ft of the house when I put it out for rental?