Yes, it's generally advisable to switch your home insurance policy to one specifically designed for rental properties once you convert your househack into a full rental property. 

I’m a licensed architect and contractor with a passion for creating spaces that blend functionality with aesthetics.

Depending on price, studios or 1-bedrooms can still get you a good return, but I suggest focusing on 4+ bedroom units and having a really special design to stand out in the market.

You'd most likely have to look for a commercial unit, which would be more likely to have the card reading accessories you're talking about + they can keep up with the constant use, which residential units aren't designed for.

There is no secret sauce needed other than a really good budget, really good construction and really good design.

However, when I design my own house in the future, I plan to accomplish this in addition to other green energy features.

But those are nice cabins with more than one special factor: incredible views, high-end design, amenities.But I run numbers on potential short term rentals all day, and 4 out of 5 are less than 5% CoC.

We want to run another 203K, this time converting a basment to ADU (Basically have to do everything: Permit, design, Egresses, full kitchen build, level concrete floors) as well as spruce up the main level.  

I suppose if someone just had a traditional homeowners and umbrella policy there could be exclusions for rentals, but any decent agent can find a policy package designed for rentals.

He’s told me he’ll help my design the fix and flip to meet the latest market trends.