Hi all,Has anyone successfully financed an accessory dwelling in Tucson (or Arizona)?

Often time a lot with have a zoning stipulation that you can only build one residential dwelling on the lot, however it does depend on the size of the lot.

The Minnesota agent should be able to write the policy BUT they might have guidelines on their rental dwelling policies that require the owner to be local and therefore looking after the property.  

Also technically the rent by the room strategy here wouldn't work either because only 3 (or 4 in the next town over) unrelated adults are allowed to live in a single family dwelling.

In a better market you might be able to use those things to get a better deal on commercial insurance but in the current market there won't be flexibility.On personal policies/1-4 unit rental dwelling policies there won't be any flexibility whatsoever unless it's something the company already has built into their guidelines/pricing.

So if some of your restrictions are no longer enforceable then you can 'violate' those without fear...another common one is no additional dwellings or structures which would apply to ADUs, where I am they are legal state wide and cannot be restricted by HOAs or private restrictions.  

There should not be a $100,000 discrepancy in the dwelling coverage (based on a replacement cost estimate.).

We are closing in on the dead line for lead based paint inspections for rental dwelling units...."

The house will cash flow but the property comes with a great newly built barn with a slab and all.Now when my brother and I both left for college my parents had no use for a golf simulator that we had in our garage so they offered for me to use it at a property.This would for sure add a lot of value to bookings but I cant decide if the $50 - $100 a night or so increase (just a estimate) is a better option than spending the 40-60k to turn the barn into an ADU / separate dwelling to add cash flow and equity to the property. 

The electric company installed the new meter for free after giving me a credit for adding laying the conduit required for the 200amp to 400amp upgrade.As for the 1/2" (non fire code) gyp, my understanding of the code is that a 1 hour rated assembly is required between "dwelling units."