Review some of the other rental listings and see how your compares in it's narrative and photos. 

There really is no downside, the only reason I've heard for people not getting licensed is that they don't want to have a governing body to answer to.

@Jonathan Taylor Smith Thank you so much for your response.Yes - I reviewed the lease last night and if the tenant stays past the lease without renewing for a full year, they become a month to month tenant.

Main focus is to have contracts reviewed--any input on recommended professionals or ways to go about this would be greatly appreciated.

I've been told by the county that the property is zoned for a 2 family, so we are in good shape there, but it will need to be reviewed by the "code" department and would need to be legally converted from an ADU to a duplex in order to be able to rent out both units. 

As far as I can tell, the bank's appraiser will want to see before and after pictures that show that quality work was performed, but does that mean reviewing permits?  

Who should I review my first few investment analysis with?

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Lastly, consider reaching out to an insurance adjuster to have them review your policies every so often.

However, they told me that it would take at least 6 months to get the design review complete and break ground.