Friends in Ithaca recently added an accessory dwelling unit when reconstructing the garage at their SFR in Ithaca and the process has taken well over a year navigating the city bureaucracy - with a couple of construction starts and stops because neighbors complained (spuriously) to the code office. 

It also allows the urbanhouse, detached accessory dwelling unit, duplex, and tandem house building forms."

If you Don't Have insurance now, a New policy will exclude any existing named storm.FEMA and Flood Insurance are two separate things.And a dwelling/landlord property policy does Not cover flooding, that is a Separate flood insurance policy.FEMA typically provides assistance to the Occupant of a property, whether they are a renter or an owner, Not to the owner who doesn't live there.

@Aaron CooperHere you go sir:Florida law defines a vacation rental as any unit or group of units in a condominium or cooperative or any individually or collectively owned single-family, two-family, three-family or four-family house or dwelling within a single complex of buildings which is “transient accommodations” which means “rented to guests more than three times in a calendar year for periods of less than 30 days or 1 calendar month, whichever is less, or which is advertised or held out to the public as a place regularly rented to guests.”Keep in mind that tax rates may vary from each municipality. 

Because long term that should be a the goal, both sides rented,I ran the numbers thru my excel pro forma program, but i created an estimate of $2,200 for dwelling insurance, and left off PMI.

As far as insurance, you will need to change the policy from a 'homeowners' to a 'rental dwelling'.

What are actual rents for similar dwellings?

.—(1) It is unlawful for any person, with intent to defraud the owner of real property, to engage in equity skimming, which is, to:(a) Purchase, within a 3-year period, two or more single-family dwellings, two-family dwellings, three-family dwellings, or four-family dwellings, or a combination thereof, that are subject to a loan that is in default at the time of purchase or within 1 year after the time of purchase, which loan is secured by a mortgage or deed of trust;(b) Fail to make payments under the mortgage or deed of trust as the payments become due, regardless of whether the purchaser is obligated on the loan; and(c) Apply, or authorize the application of, rents from such dwellings for the person’s own use.(2) A violation of subsection (1) constitutes a felony of the third degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084.History.

Originally posted by @Gina Cardarella:@Andy Freeman Andy I'm not sure if costa Mesa is trying to go rent control over there but I do know they're trying to make I think California almost all under rank control which means you can't raise it with 3% and if those tenants never leave you can't get them out I own a unit here and I will never buy in LA againFortunately, the bill exempts dwellings less than 15 years old if I'm reading that correct.

Laura,Several of our Insurance Carriers have started offering coverage for the lines coming in to the home as part of a Homeowners or Dwelling/Fire policy.