In my local MLS, they would be listed in the 2-5 unit category. 

Network with your local market experts and see how people are making $.

Check into your local regulations.

Have you already started connecting with any local professionals, or are you still searching?

@Michelle Hardy Just adding, check your local city too for their requirements, many have specific requirements that the state may not have.Here in VT in the towns my properties are in, there is not a requirement to keep them separate or pay interest. 

.- Community Floodplain Management: Flood zone maps are essential for local governments to manage floodplain development and maintain eligibility for NFIP participation.- Risk Awareness: Flood zone designations still help people understand general flood risks in their area.Elevation still matters under Risk Rating 2.0, but its role is handled differently compared to the old system.Under the old system, elevation certificates were often required to calculate insurance rates.

However, due to high property costs in our local market, we have been exploring opportunities in more affordable states, including Texas, Pennsylvania, Michigan, and Ohio.

Your local MLS already have this data and send a monthly update to all their member.

I am happy to connect with you and also send you my network of vendors as well. 

It’s not necessary to stay local for these services as long as you have online bank statements or a solid way to get them to the bookkeeper.