Do you have enough money left over from your home sale to finance the 4plex as an investment property (additional 10-15% downpayment.) and then still have enough left over for a downpayment on a new home?

In addition, if a property owner decides to replace a carport or driveway with an ADU, they would not be required to replace that parking."

Additionally, not everyone is borrowing from a commercial bank.

This can help cover your mortgage and potentially generate additional income.Partnering: Look for potential partners who may be interested in real estate investment.

Additionally, I'm based in Michigan, and I would like to know if anyone in the community is familiar with companies or professionals in Michigan who can assist in the process of forming an LLC and managing the legal aspects of transitioning Airbnb properties.Any insights or experiences you can share would be immensely helpful as I navigate this potential transition.

@Wendy Pattonyes, thank you for the additional information. 

I’m in no rush to move once I get into something, especially if it makes more sense to stay out for an additional year or so.

As OP said, hard to find umbrella that will cover STR papered insurance unless I find a carrier that writes it under my name personally and names the LLC as an additional insured (I own my properties under LLCs).  

The inspection hasn't happened yet, and we haven't had a contractor walk through, but I'm thinking ahead to next steps.Do you folks have guidance on what exactly you communicate to your general contractor for what you need in a rental when you're looking to redo a a decent amount without any demo or major overhauls?

By that I mean, In addition to buy and hold she would like to always at least be flipping one deal that makes sense.