The standard to apply is quite simple: Did you accurately disclose the character of the down payment funds to the lender in the loan application?

For this particular property, I went to see it today and the conversion appears to be a rather simple project of moving a door.

Simple rule of thumb is demo, then most inner to most outer, meaning: studs, plumbing/electrical, drywall, etc going to outside, then/together with top to bottom.

We built our personal home from dirt up and while it definitely can be more challenging, you will capture additional value vs buying new if it is done correctly. 

I keep the lease simple: One year and all tenants are jointly and severally liable.

Hello, my situation is simple but the agent made complex.

Yes if the cost is merely $7k, you will be able to re-capture that cost within 1 year and most importantly, increase the value of the home. - What measures can landlords take to ensure protection while renting, and what steps should be considered prior to seeking a tenant? 

That could be something simple such as adjusting the amount of late fees or something more involved.

Nathan mentioned using a syndication site to push your listing to multiple sites at one time which is also something that I recommend in order to expose your property to as many sites as possible.Some things to consider to maximize the efficiency and giving a perspective resident a great experience from the beginning to having a scheduling link available in your description for specific days and times that you can show the property so that you can capture your leads wanting to tour the property without them having to wait for a response from you and scheduling a one off time.I would recommend investigating in having professional photography taken if you are leasing in a market that has a lot of competition since your photos will have your property stand out and drive traffic.Good luck!

Research high-rental areas, plan for repairs, and consider simple upgrades.