Typically the agent will input a few pieces of information into a cost estimator to determine what it would cost to replace the dwelling in the event of a total loss.

Nathan,I checked our markets for Dwelling/Fire policies (the way most companies write single family rentals).

It matters the size of your property and how large the new unit would be.https://www.phila.gov/media/20... [2] In the CMX-2 district, the number of permitted dwelling units is as follows, provided that, whenever the calculation of permitted number of dwelling units results in a fraction of a dwelling unit, then the number of permitted dwelling units shall be rounded down to the nearest whole number:(.a) A maximum of two dwelling units are permitted for lots less than 1,440 sq. ft. in area;(.b) A maximum of three dwelling units are permitted for lots that are 1,440 sq. ft. to 1,919 sq. ft. in area; and a minimum of 480sq. ft. of lot area is required per dwelling unit for the lot area in excess of 1,919 sq. ft.; provided that(.c) If the green roof conditions set forth at §14-602(7) are met, the number of units allowed is 25% greater than indicated by the foregoing lot size requirements, applied prior to the inclusion of any other applicable increases in allowable units, and the provisions of subsections (.a) and (.b), above, shall not apply.[3] In the CMX-2 and CMX-2.5 districts, in order to promote active uses at the street level, buildings must contain a use other than residential and other than parking along 100% of the ground floor frontage and within the first 30 ft. of building depth, measured from the front building line.

Looks like ADUs might be worth considering.  Interesting article;http://www.buildinganadu.com/what-is-an-adu

And most parcels only allow one dwelling per lot.. unless your talking ADU's which are coming of age.I cut my teeth selling land and sold a lot of it..

Some of our companies are requiring "Lead Safe" certification even for owner occupied multi-family dwellings.

Hi all, I have this lot of land that I can potentially utilize close by to Disney World. I want to explore setting something up to Airbnb. I dont want to build on it. I also am not sold on a trailer. Its in a pretty n...

In addition, you can also get creative with how to maximize the earnings from your property, such as building an additional dwelling unit (ADU).I've definitely heard stories of people finding homes out of state, but just be mindful that you'd likely require a property manager and it wouldn't be considered a owner occupied loan, so you would have to factor those into your calculations.

.• Policy Type: DP3• Dwelling: $100K• Other Structures: $7,400• Content: $5,000• Loss of Use: $0• Liability Coverage: $100K• Medical Payments: $2,000• 10% of the property value in lost rent based on “fair market value” for the neighborhood.It came out for $525.50.

My experience in real estate is limited to purchasing and selling my previous dwellings plus some limited partnerships.