If there are multiple violations or they are egregious (unauthorized animal, trashing the property, etc.) then I will hit them with a formal, written warning.

I've worked in property management for 2 years now and it's really helped me gain a better understanding of the industry, and has been helpful studying for my broker's exam as I've encountered many examples of items I'm now formally learning about. 

Given that my ADU is attached to my primary residence, should I go through the formal process of filling out a rental application?

If you're buying just over the border in Lake county, I can recommend a few good ones we use.

If you have concerns, I usually request a "City-Will-Serve" letter from the City in which they provide a formal letter stating that the City service has capacity to accept your added flows.

@Jacob Claxton formally your lenders would need to tell you if you qualify for such a thing but in theory, it is possible to do.

Now lets say I go through the formal renting process of credit checks, reference checks, former landlord checks, income verification and job verification on every prospective tenant.

Is there an option to separate floors but still treat them as single familyI tried to google this, but usually huge documents in very formal language come up, that are pretty hard to read for a newbie.Also, i've seen Charlotte recently adopted a city development strategy 2040, which may allow single family conversion.

To Formally introduce myself, My name is Christian.

Although just a rule of thumb and not a formal valuation, the 50% rule suggests at least 50% ($4400) will go out in such expenses.