From the AirBnB link above:Home Share Units: Entire primary home listings where the host is not present during the stayLimited Share: Shared/private rooms where the host is present during the stayOwner-Adjacent: A full unit in the same 2-3 unit property where the host also resides

There is not a separate entrance to the basement, but the stairs to the basement are in a laundry room in the back part of the house.

Corporate housing dealing with insurance claims is when some files a insurance claim do to a fire or flood … etc  and they stay at your house instead of a hotel so they can still have a house instead hotel to be more comfortable  You mean at the house you live in and they get a room ? 

This may include examples such as maintaining the landscape, a minor plumbing repair, doing shingle repair on a leaky roof or painting a few rooms between tenants.

Properties with room to add value don't come up here often, hence the motivation to get into this property.

No wiggle room on the 2nd lien at all here.  

Here's the listing to give a feel for the property: https://www.airbnb.com/rooms/1102950367357887095

His has has 2 bed, 1.5 bath but has an unfinished basement which I’ll be adding 1 more room and 1 more bath.

BP community - I am an out of state investor considering long term rentals in the Grand Rapids area, more specifically Eastown / Midtown neighborhoods.

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