When looking from a supply/demand, econ 101, perspective, you have a very limited supply of multi's.

The biggest concern I have is how saturated the market is and whether there is truly a demand for rentals.

Question abd demand proof.

Although this could add appeal to certain buyers, you're really not affecting the appraisal value of the property at all, only the potential demand upon resale or rental advertisement-If you were able to have the Florida room considered as standard heated/cooled square footage of the home, this is where the value could potentially come in.

Not sure where you are, but here in Madison, WI there's quite a demand for it.

We generally get 2 year leases on anything (that's new) we rent out / manage that's new and have solid demand.

You cannot just arbitrarily change terms, or make demands, or ignore legitimate repair requests.

As the market begins to adjust to a new normal (longer market times, higher rates, lower demand overall) the automated calculators on those sites tend to get a bit out of whack.

Rental demand + value increases is making for a great long term hold situation with equity being built over time!

Rents are very high in the area and there is great demand for apartments that are well appointed.