Hiring a professional designer for short-term rentals can bring several benefits that enhance the overall guest experience and property profitability:Enhanced Aesthetic Appeal: Professional designers can transform a space into an inviting and visually appealing environment.

There is a component of doing a cash-out refinance, but it seems the thought would just be trading one loan for another in that case for an extra ~$5k of leverage. 

I would rent the extra room(s) similarly to a medium term rental property.

I know it needs a few things (bathroom size) revised to make it code compliant, and I will need an architect to help navigate zoning (another thing we don't do in Houston :D), site plans, elevation aesthetics and local requirements. 

Raise your size limit and charge extra $$ with pet rent. 

We wanted to do LVP throughout the house and the kitchen and bathrooms had an extra layer of plywood to raise its height so we had to manually crowbar it out, which took days and a lot of work.Aside from the flip, we didn't expect the sellers too keep changing their minds on closing date.

But that is just with our occupancy rate, posted rules and extra fine for breaking said rules (spilling drinks, food, dirt, etc.).But only you will know how often it needs to be done.

She asked if she could pay $100 per month extra towards the deposit .

You could just think of the parent Series LLC as the ASSET HOLDING COMPANY and the traditional LLC as the OPERATING COMPANY.It would require extra costs, since you are involving the formation and operation of an additional entity.

Although it's not a strict rule, this can serve as a useful guide.A frequent goal for house hacking is to have the rental revenue from the extra units completely cover your mortgage payment.