This is Amaaaaazing news!

The government of England made a very big fuss about this:https://www.gov.uk/government/news/e-cigarettes-ar...If you own land, you get to decide what happens on your land. 

Plus anything else that will undoubtedly be uncovered in the process.Some good news tho is that the appraisal was based on it being a 2 bedroom house since the one bathroom can only be accessed via a bedroom which would then qualify as a den.

Don't let naysayers that have no numbers and no information other than news sound bites scare you from pursuing things that make sense from a strictly financial point of view. 

Other than the comps telling you bad news, are there any other particular red flags you look for specifically?

So, good news is that you're already all set with a great mortgage relative to what you'd get today.Bad news is another 500 people in the mortgage industry that always focused on rate/term refinances, rather than purchase business, just lost their jobs, because you are far from the only one in that position. 

@Jeff Schechter This is great news!

Just to make the math easy.. and you want 20k a month in cash flow  ( reasonable number the 10k a month is old news no one can really live on 10k a month these days)   at least on most of the coasts.. 

I hope they have good news for me.

https://www.realtor.com/news/real-estate-news/u-s-rental-rates-flatten-major-cities-supply-floods-market/