It is a well developed and complicated market. 

Maybe this varies by county/city too.If anyone has done this, are there any major complications with rehabbing the house so there are two kitchens that connect to the same gas, etc?

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. 

I would talk to a lender to clarify what to expect for your situation.However - analyzing the overall business plan, equity structure, return metrics...etc for a syndication can get very complicated.

We can do more complicated metering and offered that, but the tenants were fine with the way we have it set up.

Or, can no longer accept digital applications via this service which complicates operations and makes it that much harder to go from the application to automatic rent collection.

Multifamily is still probably the best bang for the buck in terms of risk in the long term, but the eviction moratorium complicate things a little in the short term. 

Michigan has some of the most complicated property taxes in the US.First, Michigan uses the State Equalized Value (SEV) to determine INITIAL Taxable Value.

Here’s where it gets more complicated though.

I am sure it is much more complicated than a simple 50% and wonder how you experienced STR hosts deal with it.The reason I asked is that I saw similar places in the building where my unit is located are listed with much higher price, but with very low occupancy.