Check their website for current rebates, sometimes it can almost entirely offset the cost of running the line into the house, assuming the main is available on the street.I converted my primary residence this past winter and saved a good bit. 

The main difference between the homeowners policy (HO3) and dwelling policy (DP) is the occupancy.

On larger assets (80+ units), you'll be much less exposed to tenant risk and your main downside risk will be a decrease in rental revenue or vacancy (if you refuse to decrease rents).

No matter how much you try to improve the spaces, they're both just cramped and the only way to get around the main problem is ripping out walls and flooring and doing some rerouting of main DWW plumbing.

Investing while I do it.. the main focus for me has been transactional all these years.. 

I wonder how much cost it needs to relocate the main gas meter or the compressor?

Mainly because our equity would have soared since then, we would have definitely been able to rent it out now with a great cash flow, and the commute would have been better for us. 

My main sticking point is that I'm not willing to pay a tenant placement fee.

I’ve mainly been looking on the lake though and you’re right with the Airbnb multifamily property.  

It is going to be a house hack, but I need to do some work on the main house to get it rent ready and the rec room so that I can get it permitted as an ADU.