Meanwhile, the more partnership-heavy investors often experience setbacks but use the leverage of partnerships to rebound.To me, partnerships increase both risk and reward.

This can potentially lead to problems and the safety of the others in the home.I am planning on speaking with him about the lease violations and switching him from yearly to monthly with an increase in rent, due to the increased labor of the cat and the checks in of the cleanliness of the room. 

Tenants lease expired, so I offered a new lease with a $25 increase. 

I used arbitrary and small numbers for rent increases and appreciation because the same applies to each of those strategies so I didn't want it to affect things too much. 

I do not understand your remark as related to the DSCR loan.  2 ADUs are not allowed by f/f conventional financing but is not always enforced.Fortunately if you stay with the current tenant without a refi, by the time you pay principle it is likely the rent will have increased enough to absorb the increase mortgage payment. 

I own two properties there, but insurance costs have skyrocketed.Lately, securing home insurance has become increasingly challenging due to the high risk of hurricanes, flooding, and other factors.

"Getting in" is easy; making money, managing the business, with the increased financial risk of commercial properties is a whole different game. 

I had fairly good luck with all tenants that I placed while I was self managing. 

Of course there could be some other local businesses that might would want to use or share a couple of the offices that would possibly increase revenue. 

You would have to self-manage though, as paying a property manager will eat up most of your profits.