Only bedrooms are under bedrooms though (same layout both floors). 

Do you lay out the criteria for when a tenant earns your right to a "hand up" in your operating procedures, to avoid liability issues with the FHA of '68? 

Everything would need to be gutted and the layout redesigned, floor joists are an issue that need to be corrected, as the floors are sagging and there are cracks in the beams, soup to nuts the house needs it all except for a roof which was recently done and the siding just needs to be patched up.  

Just trying to figure out if the cost to dispute is worth it relative to the yearly reduction I might receive in my annual property tax bill.NOTE: My assumption is that although the 500 sq ft is technically official per the Registry of Deeds, any buyer down the road would be able to identify the living space vs basement with a quick sizing up of the condo unit's layout via tape measure -  i.e. having the extra 500 sq ft stitched to the unit on record doesn't seem like it would work much to my advantage.2) Do any members have suggestions on the best approaches to disputing assessed value for property tax purposes?

One of my concerns is the layout.3 stories, 2 family.

Do you have recommendations on flooring, ceiling, bed layout, kitchen appliances, desks, entrance, or anything else that we could use to make the short term rental stellar?

Curious what the experts here would do for a layout.

You could modernize it, keeping the external historic charm, but the inside layout is not geared for modern living -  20' wide grand stairway w/ 16' ceilings just isn't practical in this day and age.

Account Closed  I do see things wrong with the plan, specifically, the layout.

I am going to read the Guide you suggested and lay out what my plans are.