Your answer needs to make sense, and be true.Also refi'ing your current primary into an investment loan also has the potential to be fraudulent if your family still occupies it as their primary. 

While the staff at RTR do try to work with you and accessible, it's important for potential investors not to be swayed solely by glowing reviews and comments.

I’m looking to connect with local investors to exchange insights, experiences, and potential opportunities.Thank you, and I look forward to building meaningful connections! 

We’ve considered just disclosing and selling as is, but I suspect the buyer pool would be very limited knowing the issues and risks.  

I curate a list of properties priced under $800K with the potential to generate six-figure gross income and share it with my clients.

Hey Santosh,As of right now you're extremely exposed regarding insurance and I'm going to assume legally as well.If the home isn't registered as a legal multi-family with the town that's something you'll have to correct ASAP and make sure the home is up to code.Insurance wise as soon as they find out what you're doing they'll cancel you as the risk has changed from a single family owner occupied home to a multi family owner occupied home.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

That's a potential of 5 - 6 months where the tenant doesn't have to pay me a single dime and will be squatting in my house for free.

Differentiate between different risks , economic risk, structure risk, incentive risk, etc.5.

@Kash Tacke I'm a big fan of ADU's in general especially here in the mid west, yes you could potentially be on the front of the wave, but housing density is the solution to the affordability issue, anytime you are investing with affordability in mind is a great strategy to me, and sound like there are some incentives or at least supporting winds form the local city, that in itself seems like it would be worth at least approaching an architect or contractor to bid up some plans or concepts to take tot he city.