The part that I am having trouble with is long term equity. 

I am considering switching the property to six-month lease terms, so that I maintain the choice of whether to keep renewing...Full details of the bill here: https://leg.colorado.gov/bills/hb24-1098

I did most of the work other than appliances ect it’s very small 400 square feet total so it’s like a little studio with big glass sliding doors to a patio.Turns out someone called zoning and long story short I was told I can’t do an ADU.

You may need to focus on long-term wealth building instead of short-term cash flow. 

One of our staff would calculate interest principal hand write it in the book and mail it back.. that went on for 5 to 7 years which were the terms of our notes.

Probably biggest mistake was how long we took cleaning it out.

Borrowers that purchased during the last 24 months, particularly with alternative mortgages such as DSCR loans at elevated rates could see worthwhile refinancing scenarios in the very near term just as any early payoff penalties are expiring. 

Please pardon my "verbose - ness" lol warmest regards shannon  Price it as a room rental or consider short term rental as guests don't need a full kitchen for that. 

I'll check out TenantTurner as that sounds interesting, although Avail performs well as my one-stop shop. 

Or does it not matter so long as they are recognized by the TX bar?