**Relevant information:- Third floor cannot be a permitted separate unit--there is only one entrance/exit stairway (MPLS requires two), and no sprinkler system (which would allow us just one exit)- Third floor electric and gas can be measured separately, but all are under the same bill- By rekeying two doors, there could be completely separate access to the second and third floors- Current second-floor rent is $2000Option 1: End Lease and Rent as a Full UnitThis is the most straightforward option. 

The bigger house is two-story building already with separate entrances.

Memphis can have a relatively low point of entrance, but what is your goal here???

I’ve seen a few basement units with separate entrances, what is your situation and how did you find it?

Has a separate downstairs quarter and kitchen with separate entrance which he will rent out during the tourist season.  

This home is 20 mins away from the entrance to Smoky Mountain in NC.

All we need to do is to add a small kitchen, block the hallway off, and add an outside separate entrance.

Do they have a private bathroom, private entrance, or parking space?

Then I will ask for two entrances, both of which will be shared entrances. 

Investment- website already would have online booking; Automatedgates $25,000; Security cameras- we do 1 camera for 6 units plusabout 10 at the entrance, say $40,000 for 200 units; Self service seeour youtube, someone still has to clean out units and restockcontracts/free locks, Autopay- part of software.C.