Unless your building was constructed without permits or altered without permits afterward, your building was built to code and approved by the city as meeting the building code.

Also, I would consider splitting the home into apartments but would prefer not to alter the exterior of the home, which may make it difficult to split up.Are there any positives to go through a bank opposed to just paying my m-i-l directly?  

https://oregoneconomicanalysis.com/2017/12/14/why-...Wondering if that would alter your prediction on ~2021 being about the point where starts will catch up to demand.

@Justin Kovach - the time stamps within the photo can be easily "photoshopped", and the time and date in the photo file properties can also be easily altered - but it would take quite an effort to insert the daily newspaper into a photo after the fact ...

Am I allowed to alter things, such as charging for use of Laundry, splitting water, charging for pets, and things of that ilk?

From Denvergov.orgPermits are required when your project includes the following: Alteration to the existing floor plan.Structural changes, such as adding or removing doors or windows.New or rerouted ductwork.New or relocated electrical or plumbing fixtures.NOTE: If your project changes the use or occupancy of your home or creates an additional dwelling unit without altering the exterior of the structure, see the project guide for adding a new dwelling unit. 

Courts have ruled that the Act may require a housing provider to grant a reasonableaccommodation that involves costs, so long as the reasonable accommodation does not pose an undue financial and administrative burden and the requested accommodation does not constitute a fundamental alteration of the provider’s operations.

They will alter the policy as needed, but I would recommend adding sufficient premise liability insurance in case there is a fall or something.

They're not collecting a fee on a vacant unit or do you have a clause like this:Service Fees: Each time Broker arranges for the Property to be repaired, maintained, redecorated, oraltered as permitted by this agreement, Owner will pay Broker a service fee equal to: (Check one boxonly.)(1) % of the total cost of each repair, maintenance, alteration, or redecoration.(2)The service fees under this Paragraph 12E are earned at the time the repair, maintenance, redecoration, or alteration is made and are payable upon Owner's receipt of Broker's invoiceIf they are making money off the repair or each time they are meeting someone there to give estimates, then yes I would expect them to work harder and faster.  

This is a good spreadsheet and assumes steady payments throughout each year but I pay down my mortgages so I altered it to include the pay down of one of my properties.