A more general observation on this topic, intended for you and any future readers - find out from the agency that has control over this area exactly what it takes to LOSE grandfathered status.

Hopefully, this provides perspective.Keep in mindThe Fed started hiking rates in March 2022, and only stopped tightening in July 2023, having lifted short-term interest rates by 525 basis points or 5.25%.Average 30-yr mortgage rates started moving aggressively upward a bit earlier (in January 2022) and only peaked (at just over 8%) in October 2023.

I can start to see some traction back towards the initial downturn in some areas. 

HI Dean,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

I'd like to make some rental friendly upgrades and upgrades In general to my 1910 home but don't know where to start. 

It all starts with building your team.

Or do I want to take a general concept and start working on getting the funding under way?

The new tenants, starting their lease on September 1, have asked to move their furniture in earlier.Can the current tenants request the keys back since their lease isn't over until August 31?

It's starting on 8/17 but if you buy before most likely seller is paying the commission.

If you need liability coverage only, you can get a personal umbrella insurance policy from most carriers, likely your current property insurance company would be the one I'd start with.~ Lindsey