HUGE linePNC Bank best for small home improvements $10k up. 7 to 10 yr draw.

Finding a good contractor was (and is) the hardest part of this process.

What does this process look like overall?

I seek zoning variances frequently in Philadelphia, but its a lengthy process and don't personally find it a worthwhile pursuit for legalizing a second unit in a building.

Learn from red flags and screening processes going forward (if anything makes more sense in hindsight). 

Material Participation Activities:Property Maintenance: Engage in repairs or construction work on the property to maintain or enhance its condition.Contractor Management: Oversee the hiring and coordination of contractors or handymen for property-related tasks.Tenant Interaction: Communicate with tenants regarding lease agreements, inquiries, or property issues.Property Acquisition: Invest time in property search and evaluation processes, including visits to potential investment properties.Property Management Tasks: Perform activities typically handled by property management companies, such as rent collection or property inspections.Non-Qualifying Activities:Educational Pursuits: Time spent on real estate education or training programs does not count towards material participation.Investor Hours: Hours dedicated to investment analysis, financial planning, or portfolio management are not considered material participation.

I would warn to be wary of choosing the lowest monthly rate, that is often a huge trap. 

This can be a huge help when it comes to getting financing for the new property.

Income not keeping pace with housing prices will be a huge factor for multi-generational house holds & house hacking. 

I'm a mom of 3, I'm on dialysis and I just need to try to help my family get ahead in life and I know RE would help in such a huge way.