Need dwelling coverage in event of fire or loss to structure, and also liability for contractors when rehabbing property. 

If you move out of it and turn it into a rental, you would then move the home onto a Rental Dwelling policy.As far as an Umbrella, it never hurts to have higher limits of Liability. 

We don't allow instant bookings so I can chat with possible guests.

It does seem like there is no instant way to find them and a lot is referral based!

The best time, right now you can buy with instant equity.

Here is another helpful site https://www.hcd.ca.gov/accessory-dwelling-units#:~:text=New%20ADU%20funding%20laws%20effective,low%20to%20moderate%2Dincome%20households.Things to keep in mind:-If you go prebuilt, you want to buy something built to code for your county.

There'd be instant equity by that time too (the property is already undervalued).

The ultimate goal is to create a passive income stream through multi-family dwellings and active income stream through fix and flip.

I just got approval after a year to make my dwelling a 4 family and im super excited.

THE NUMBERS💲️$162,500 purchase price💲️$201,000 appraised value💲️$51,000 cash to close💲️20-22% CoC ReturnTHE PROPERTY🏠1472 sq ft🏠 3BR, 2.5 BA🏠 Townhouse🏠 Built in 2008THE BENEFITS✅ No hassle deal for the seller✅ I paid all closing costs✅ Quick Close✅ Problem solved for the seller✅ Property Acquisition ✅ Instant Equity What made you interested in investing in this type of deal?