But being that they may see the insurance change it might pique their interest in that change … you can always ask them - most banks will gladly advise you of their policies regarding such items 4 plexes are attractive acquisitions… I’m not sure I would bump it to five if it were me.All the best!

You CANNOT depreciate the house if it’s for personal use, ONLY if it’s a rental use.So I can still depreciate the house, write off items I buy to furnish the home, maintain the home, and any costs associated with running it as an AirBnB when I am not using it for personal use?  

However, you can still claim the mortgage interest and property taxes for your personal use if you itemize deductions. 

How are you paying for everyday items without a consistent income?

I opted to have most items delivered — which the contractors appreciated.

I run into many of the same items as an Land use Engineer.

I'll report back what I find out from two local commercial lendersWhat did your local commercial lenders say about this item?

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

I took the name and address off, but you can see the line items and charges as listed above. 

In my financial statement to the tenant concerning the deposit I itemized all the deductions.