I'm based in Tampa, happy to connect with you. 

Your property might be a little hard for MTR based on that layout, but again the garage could be good for storage for home sellers who sold and don't know where to go as well.

It sounds like there is some scale in the deal for a fix and flip, but you would surely be way out ahead of your skis to do that based on what you said.

Your first trip should be to the Planning Dept and ask if it's possible based on the zoning, and if they would view it favorably.

@Joshua Thompson already linked the long post that I wrote to answer your question:https://www.biggerpockets.com/forums/51/topics/1215989-expla...Based on your subsequent comments, you missed the point of my post: it DOES NOT matter whether your accountant holds a CPA or an EA designation (or neither of those two).

Family services will inspect the home and limit occupancy based on the number of bedrooms.

Underwriting will assess the performance and appraisal of the property based on traditional long-term rental comps.

@Aus Smith if there is base rent and then an extra fee the resident pays for a common utility, we count that as revenue towards a percentage-based management fee. 

That's interesting @Adam Windham as one of our portfolio lenders also uses my projections based on market reviews.

Here is an article that discusses it somewhat. https://www.parealtors.org/blog/appraisal-changes-coming-for...So, some finished spaces are not not counted as part of the GLA based on a standard, which is fine.