I've never done this for a garage before, but I am renovating a house hack and am using spray foam insulation.

Hi @Christopher Grannen - I just purchased my first multi-use building in Illinois in the south side of chicago in East Side.I would be sure to look at the following link to figure out if you need to apply for a license: I am using my space as a rental with a capacity of 50 people and we have to pay $770 for the license every two years: if the city finds out you are holding events with the license, you can potentially get fined up to $10,000. 

To get an idea of how to update the place, I am using the enemy method to calculate how much I can project to make/make back my investment of fixing the place up. 

I am using it as a short-term rental for travel nurses or professional students at the nearby university.

That way I have multiple reasons for people to visit the area.Great locations:On water, ocean, lake, riverIn the mountains Close to amusement parks such as Disney. 

@Andrew PostellThe contractor I am using gave me a detailed labor and material list but it was just on a sheet of lined paper.

Situation-I am using a non-recourse loan along with my solo 401(k) funds to purchase a rental home Borrowing-130,000.00 Loan term options Fixed rate20 year loan 6.5%Variable rate 25 year loan 10/1 5.9%Variable rate 25 year loan 5/1 5.5%Variable rate 25 year loan 3/14.9%I am planning to pay an additional $500.00 to $1000.00 towards principal each month.

Situation-I am using a non-recourse loan along with my solo 401(k) funds to purchase a rental home.Borrowing-130,000.00 Loan term options Fixed rate20 year loan 6.5%Variable rate 25 year loan 10/1 5.9%Variable rate 25 year loan 5/1 5.5%Variable rate 25 year loan 3/14.9%I am planning to pay an additional $500.00 to $1000.00 towards principal each month.

Situation-I am using a non-recourse loan along with my solo 401(k) funds to purchase a rental home.Borrowing-130,000.00 Loan term options Fixed rate20 year loan 6.5%Variable rate 25 year loan 10/1 5.9%Variable rate 25 year loan 5/1 5.5%Variable rate 25 year loan 3/14.9%I am planning to pay an additional $500.00 to $1000.00 towards principal each month.

I have found success in telling everyone in my network about the brokers that I am using.