Cosmetic rehab and removed a wall which separated the kitchen from the living area.

It takes away (1) the time wasted in making the decision and (2) the emotional aspect of making the decision.

@Sarp Ka I believe the best way to do this would be to stay off title and have a separate operating agreement with this partner, though I am not a lender and this is not lending advice.

Check your state law (Hawaii is pretty liberal) but you typically do not have to give any reason at all for the termination.You should also learn the law regarding emotional support animals and Fair Housing.

Therefore you many not be able to take a renovation loan out to add an ADU as a separate unit on the property….it is very case by case.

I would like to separate my day-to-day life (W2 employee) and real estate investments. 

If so, do I need to get two separate insurances, a homeowner insurance and a landlord insurance?

I like the direct venting because there is no chimney and they have a separate intake for air.

I initially thought home insurance would cover such situations, but after research, I realized I need a separate insurance for service line protection... 

Making the decision more emotional: Unless the seller is an absentee owner looking only at the bottom line, chances are they had a lot of memories in the house.