Property is in Upstate NY Is this replacement cost coverage with special form?

The numbers look a little high for quotes on adding ADUs and I am working on finding a contractor that specializes in affordably converting two car garages. 

Of course, you can't protect yourself completely, but this will also help you prepare for buying the next properties a little better, and it's an exercise I generally do when I'm on a showing for a property I'm serious about so that I'm factoring this into my analysis to some degree in a "capex" reserve.Capital ExpenseRoofWater Heater x2All AppliancesDriveway/Parking LotBoiler x2FlooringPlumbingWindowsPaintCabinets/CountersStructure (foundation, framing)Components (garage door, etc.)

My husband @Rick Stout is a realtor/investor that primarily works with investors and specializes in air bnbs.

Personally, I would only purchase for STR right now on either very unique/special properties or on those that also work out as LTR.I am a licensed REALTOR who is investor focused.

Just realize that it requires many specific conditions to be met, and has much greater risk elements that you need to be prepared to potentially go wrong.

Understanding this and the mechanics of litigation should help you back into running your business in a way that prepares you for plaintiff's counsel behavior.

For the month to month tenant you can change their lease rate as you see fit… but if you are changing it significantly you should phase it in to help them have time to adjust and prepare for it (in my opinion)… maybe across 2-3 months.It’s likely that your tenants are use to each other having already lived next to each other.  

Get buyers on board (maybe someone who doesn’t yet qualify for a mortgage, but is financially prepared to purchase).

I also found a more experienced investor to partner with on this deal so it was a great way to learn and prepare myself for owning my own property.