Feel free to reach out if you have more questions specific to Indy.Best regards,Keagan

Option 2: Electrician recommended mini splits - said 2 units should do the trick and would cost around $6-$7k.Heating system 2 is forced hot air oil furnace specifically for the 3rd unit.

If you'd like more specific advice about your property I offer design consultations and audits. 

The state website can also be very informative. 

Without knowing all of your specifics, I'd say that it's only worth holding on to if you can reasonably expect to have some really good appreciation in the near future (like 5 yrs)....Or, in the case where it would run well as a vacation rental, you could switch the usage, maybe?

Aside all that, as others mentioned, you didn't lend enough info to give any specific answer to your specific situation.

Specifically I could add a French door to a room to make it a bedroom.

@Morgan Vien For your Oregon rental property, forming an LLC in Oregon can provide liability protection specific to that property.

There are state specific items to take into consideration.

Is there a company that offers an alternative independent of a specific platform?