Personal Lines:  A Dwelling Fire policy is the most common way to cover the property. 

These homes are called auxillary dwelling units (ADU).

IF your QI doesn't do that then you got a whole heap of other problems.Ir'a nor going to to just get swept under the rug so take that lender with a big shaker (not grain) of salt.The way to do this is if the Carriage house can be considered a second dwelling with it's own address. 

These homes are called auxillary dwelling units (ADU).

If you take a look at my previous post, I am brand new to real estate investing, although I have had a great career in both the creative and technology industries in NYC.I'm currently looking to purchase a single or multi family unit as a long term rental, and am exploring 4 markets - DFW being one of them.After a healthy amount of research, I am ready to dive more into the area, and would love to first connect with realtors who have a lay of the land (no pun intended), or anyone else who has a few minutes to shed some advice on what you're seeing in the area.Looking forward to connecting.Dylan you can still buy lots for sub 100k and we can put 3-4 units stacked on a .1 acre parcel with density of around 30-40 dwelling units through what's called a council use variance. takes a bit longer than buying but we build with 20% equity typically and target lots based on that price range.

@Jordan Budke Don't want to be discouraging....I will say 99.99% of people who approach me wanting to buy land in San Diego and build on it never go through with it and end up buying a property with a dwelling on it already. 

Converting a detached garage into an Accessory Dwelling Unit (ADU) in Houston, Texas, requires a permit from the city.

The issue with hotels which is different from other CRE asset classes like Office, Multi-family, etc, is additional supply can instantly affect your bottom line.  

I'll shoot you a message if you want to chat further we post our services in the marketplace for this and do it on infill lots close to the urban core (43203, 43205, 43206) where density above 40 dwelling units an acre is supported.

We lowered our price slightly and instantly demand increased.