. - do not allow 0 review guests to instant book (we will decide whether or not to rent to them based off of their inquiry message)- only host people recommended by other hosts- make sure you have security cameras that face all entrances to the property (also you will need to specify that they are ON AND RECORDING in the listing - just disclosing the locations and that they are there is not enough apparently) 

It might not be instant change but we have those checks and balances that come into play. 

I just bought a single family home that I would like to create a secondary dwelling unit.

I am a licensed RE agent and I deliberately searched for properties that were well under "move in ready" so that I could establish instant sweat equity.

There was a snake oil salesmen selling courses on how to double and triple your rental income, instantly.

As for coverages, I like to see between $115 and 125/sq foot for Dwelling coverage because rebuild price does not correlate with Market value.

I received a quote from one of the brokers as below -Dwelling Replacement Cost Incl Ord/Law Excl Roof 15 Yr Or OlderOther StructuresPersonal PropertyLoss of RentsPremises LiabilityMedical PaymentsLandlord Personal Injury Liab CovWater Backup of Sewers or DrainsPlatinum EndorsementIs this adequate, too much, too low???

Not only will you gain instant access to many thousands of dollars, but if you use the HELOC as your checking account you'll also pay off your house in a few short years, not decades later.HELOCs cost you less than REFIs.HELOCs charge interest on used balance; REFIs charge interest on every dollar you have access to.HELOCs can replace emergency savings, meaning, you can keep that 15k as interest-sheltering equity in the HELOC.You can't lose with a HELOC.

Use the money to buy a 4-plex and become an instant millionaire, or close.

You make more instant cash when you sell the homes.