Quote from @Conte Cuttino: Makes sense @Andrew Freed so say if we I can make it additional legal space, do you think the 107K left in the property for the return is worth it or should I sale and move on? 

Additionally, when underwriting deals, you need to account for the general idea that repairs and maintenance will be a larger percentage of your rent, the lower your rental is.  

I know hosts have included additional cleaning fees for violations as a deterrent.If none of these solutions work, you could look into completely independent HVAC systems for the two units, though that would be a bigger upfront investment.

@Ryan VienneauAre they able to set-up your credit cards as additional "accounts payable"?    

Additionally, any existing restrictions at the town level (there are MANY) will be abolished, unless deemed "reasonable" by the state.

Why ask: Get clarity on the full cost of the program, any additional fees, and what’s included.

Additionally, FEMA updated the local flood maps here in July 2024 and much of the area now requires flood insurance. 

if there is appreciation, but you wouldn’t sell your current home tax free and buy a neighboring home to rent out, (There by raising your cost basis for additional depreciation and lower capital gains tax.) then it probably doesn’t make a good rental property. . 

In addition, when you have leverage you have the other benefits which @Ali Boone mention.

Additionally, my husband lived there for six years, and the city feels like a second home to me.