You would  then alert your insurance to it and it will go up but you would be covered. 

I ended up getting a 401k loan to cover the purchase of a lot.  

For a long-term rental, would a small multifamily in Raleigh be necessary to break even and cover the mortgage compared to a SFH?

Guests cover the cleaning cost.

I personally used a 40k ADU grant with CALFHA HPP Cares that covered a chunk of the cost.

Do you need to increase rents in the next year to cover your costs?

. - exterior "usable square footage" (think covered patio, pergolas).- extra storage space so tenants don't feel the need to squeeze their entire lives into one room (extra garage space, attic, detached shed)- room for 2 full refrigerators!

The City of Detroit is block-by-block in many Class B & C areas.In our opinion, zip codes cover too large an area.We use Detroit Neighborhoods, which are much smaller than zip codes.

Just make sure to adjust the rent enough to cover the average utility costs and include it clearly in the lease terms.

Oftentimes my initial consultation call with a potential client runs 1 hr and that still doesn't give me enough time to cover everything about the STR market on O'ahu.  1.