I inadvertently restricted who could reply....so that not even I could reply to my own post.)Debt to Income ratio limits exist for a reason: you are over leveraged.

Leveraging my expertise in property acquisition and renovation, I guided the client through each step—from identifying the ideal property and negotiating the purchase to overseeing the conversion process.The conversion involved reconfiguring the existing layout to add an additional rental unit, ensuring compliance with local building codes, and maximizing space efficiency.

For that reason, I am looking to purchase a duplex or a single family with either an existing ADU or potential to add one. 

Bad luck with existing management companies.

I agree on your thoughts of AMI - a little bit of old FL still exists there, at least for now. 

California will be more competitive but you have the equity available for the right property and can utilize the proposed or existing rents to qualify on the new property.

So, existing buildings are not required to be upgraded as long as they meet the "grandfathered" building codes of when the building was constructed. - NOTE: any major renovations to a building may void the grandfathered exception and require upgrades to meet current building codes.3) As @Nathan Gesner pointed out, a single circuit can often be upgraded by running new 3-wire romex line from electrical panel to the plugs on that specific circuit.4) You can also install a GFCI plug (and not ground it) and that will often be acceptable.5) Why should the property owner be required or expected to upgrade the electrical, when it meets the grandfathered building codes of when it was built?

Things to consider, if you are a 2 story, you can only build a flush 3rd story addition if you are an end row or next to an existing flush 3rd story, otherwise you will have to do a setback 3rd story addition.Hope this helps!

If people can access basic needs, and even new homes, for free it will eliminate rent and sales for many existing homes.

New AC units due to the existing units being stolen the day of closing.