We have 3 companies bid every property annually and we add the cost of consumables to cleaning cost and that is what the guest pays.Airbnb will convince you to charge $100, flex cancellation policy, instant book, and no cleaning fee if you let them. 

Do the right renovations for instant sweat equity.

Also, I will touch base with my current home owners insurance co but I'm curious about the scenario you laid out (requiring renter's insurance + advising home owner insurance that you have another person in the dwelling) -- did this suffice for you because you chose higher liability coverage?

For example in wildfire areas here, buyers aren't able to get traditional homeowner's (or rental dwelling insurance if an investor) insurance and conventional Fannie Mae and Freddie Mae loans.

I lived in Superior for a while and commuted downtown every day (get satellite radio ha).I'm a realtor, so fortunately I have instant access to what is hitting the market and it's still very hard to find something before 50 other people have found it as soon as it hits the MLS.

Don't know how much losing the homestead is going to increase your payment but you will need to change your insurance to a dwelling policy (landlord) not a homeowner policy.

Again, a landlord has to allow the tenant to make changes needed so that he can fully use and enjoy the dwelling.

I'm definitely going to list on both FF and Airbnb, and although AirBnB instant book is preferred by tenants that could be a scheduling nightmare.

My research has led me understand that I need a Vacant dwelling policy while it’s vacant and before any renovations start.

If you are looking to just add an opening between the units since you are utilizing it as one dwelling, then typically you could just add a fire rated door.