If the changes are structural (involves the structural walls, foundation, or similar) the underwriting is more complicated than if it is just remodel the kitchen, paint, etc.The Liability covers your exposure as the owner of the property. 

An additional bonus of this method for your very first house is that you can get into the first one for next to nothing (3.5%)

They'll be much more conscientious of how they use their resources too which is obviously a bonus. 

You also get a bonus calendar. 

If we can find $100K in savings, then we would earn a $50K bonus after the project was completed.  

This house had a large bonus room which I use as a bedroom and a half bath on the first floor, and after living there one year, I renovated the half bath to a full to add more value.

My plan: - Stick around work for another 6 months to get annual bonus, etc. then move out of the house hack, rent the unit we were staying in and live out of our RV while exploring the country and picking up RE from time to time. (10k cash flow from Seattle property)- While I still have a high paying job and W-2 (I assume this will get me better rates, right?)

Their ability to have this data will change thatSo, this will result in other sites that carry rentals such as Realtor.com and Apartments.com to increase their exposure in the rental listing market

Yeah, it was all a pain (and we'd rather she stayed) but we were easily protected by that deposit.So look at it as a bonus:   There is higher income with those things factored in.  

The purpose is to get data on the overall population and employment's exposure to any one industry.