If you find a technician willing to evacuate the old freon and convert the old furnace to work on the new freon your total should be well under $5,000. 2 months ago I did a 3.5 ton system $1800 for the unit and $1450 in labor/freon/etc etc. 

If rules changed, would sell or convert to long-term rental that could generate around $1900/month.Let me know if you need more information . . .appreciate the feedback.

I will be converting the basement into an in-law for me to live in and will be renting out the top floor.

So, they are correct.May be I can convert my primary to a rental and go for a primary conventional mortgage.

How do I find out if she is able to convert that into an ADU / mother in law suite?

I am in the process of purchasing a school and converting it into apartments.

If you are converting living space or adding square footage, you will need a Residential New Construction and Addition Permit Application and those take between 2.5 - 4 months.

Even though you'll be moving in one and a half years, your first house hack could easily be converted into a long-term rental and will kickstart your investment career.

They give you a 6 month at interest only 'buying period' where you can purchase materials for your job up to some limit (we usually got 15-20k) and after 6 months you can't buy anymore and the loan converts to a 7 year fixed rate loan.

I’m not asking if I should convert property I currently own to STR, the answer is probably not because as I have learned from this forum STR only makes sense in vacation destinations where it’s accepted and those cities where restrictive legislation or ordinance hasn’t been enacted, and competition doesn’t degrade rates to the point of no excess returns.So, if you don’t mind sharing, what’s your minimum and your target ROI for an STR?