Two homeowners on the street who have liveable attics were nice enough to show me theirs and they looked very similar.I am wondering what issues I should be aware of when adding beds/baths to an attic area?

I plan to put up a fence around a duplex and would like to get a better understanding of my property lines.

-  in addition to the two options you listed, I would likely also be considering an FHA owner / occupied multifamily, as this could be a great cash flow generator down the line. 

Tax records is what is authorized for bed room count.

Have a portfolio lender in mind, few PMLs, and potential line of credit.

Add a line to the lease that states your process on this.

There is no risk in establishing the HELOC (assuming you one can be responsible with such a thing) - its a line of credit, not a loan.

Items like forming an LLC, getting a logo and a website, business cards, finding people you can work with (contractors, lenders, real estate agents, real estate attorneys) to support your efforts etc.The bottom line is this stuff takes time - so be prepared to give your patience a workout!

Bottom line: your freedom is at risk so get good legal counsel and follow their advice.

Can anyone drop a line to a good tax account in Tacoma WA?