You may also see a discount fee which means you are buying down your mortgage interest rate in exchange for higher upfront cost.

That's too much effort required to earn a few dollars on a short-term stay.

Welcome to Bigger Pockets !

Sometimes when only one bedroom is available, people fake and squeeze to fit and you end up with over-occupancy.It's really a product of your market.

It's tough to pencil buying a 550k house that you can rent for $1850.

Hey Chris, a few thoughts here.Considering that office is not attached to the house, I wouldn’t add any footage to the total home square footage; however, you could advertise that office space and amount of footage and amenities in your remarks.If you’re a Realtor or are using one for the sale, your local MLS may have fields dedicated to additional footage for other buildings on the property, such as ADU’s.The other point is that typically, perhaps depending upon location, a space needs to have heating to count in the square footage, which this office doesn’t have if I understand correctly.Consider contacting an appraiser to inquire about how they would handle this space on an appraisal, or a Realtor.

You will need to have experience in short term rentals to interest a lender on this.

Quote from @Ozzy Sirimsi: Quote from @Debra Irvine: I'm going to look at some properties this weekend in Baltimore and one of the properties is in a R--8, so it look as if its a townhome so I would have to get permission from the council to convert to a 3 unit building?

Never sell a high-performing property with no cap ex and low maintenance to buy another rental.

I have a good STR agent in the Poconos, DM me your email and I will intro you to him.