So I could hypothetically include a studio apartment above the garage and rent out the main house and be within the law? 

They might only skim an inspection report and trust me to find issues.

Ranges can be fine if they’re in good condition, but inspect them thoroughly.

I know in Philadelphia if I had a 2 BR house it would be viewed favorably by tenants who are seeking 2 BR living situations because most inventory will be apartment style living and for this reason would achieve a rent premium.

The area’s limited number of apartment buildings means that many renters prefer single-family properties, creating steady demand for these homes.Happy to chat further if needed.

Half of the PM's down here can't read contracts, don't know how to inspect a property for damage, etc. - they just use whatever contractor is giving them the most free stuff at the time.  

Hopefully you have a better streamlined build on the next one.Its a part of the processWe'll be more efficient as time goes onThanks for the feedback!

Inspect immediately to verify.

There are many reasons why I haven't pursued the arbitrage model, but mainly that it takes too long for the ROI after investing all your time and effort into buying furniture and renting and paying utilities.Let's say you rent an apartment for $1500 and you spend $7000 to furnished it.

Are you qualified to do so right now - have the contracts, inspection criteria set, screening, payment collection in place?