I've been leaning that direction purely because I have a small HELOC as part of a loan too so by selling I can utilize the 50K difference toward a multi-family dwelling instead.

I'm interested in starting a discussion on easy ways to figure out appropriate amounts of dwelling and liability coverage to purchase for a rental property in a given area.

New Zealand, where I am from, is sadly off the table now as the govt just banned overseas ownership of existing dwellings.

I was thinking about buying a single home and breaking it up in to two or three separate dwellings.

Multi-Family apartment dwellings are historically some of the best real estate investments available.

Calif Civil Code 1954 states "Landlord my enter dwelling to make necessary or agreed repairs, decorations, alterations, or improvements..." 

For us, they always stay and adjust to the new reality.30-DAY NOTICE OF RENT INCREASERCW 59.18.140  (reference to our state's landlord-tenant law, replace this with yours)Tenant: ____________________________________________Address: _____________________________________________Dear Tenant,As I’m sure you’re aware, during this past year rental rates have increased significantly in our area.We have personally experienced increased costs for taxes, utilities, maintenance and repairs.Therefore, we must increase rent for the dwelling you occupy.This notice is given on the date of:_______________________Effective date of change in rent:____________________New rent:____________________We value you as a tenant.  

When my girlfriend and I were looking for our house hack property, we just performed the calculations as though we were paying market rate rent on the unit we'll be occupying.I wouldn't be too worried about what the other places nearby are going for if none of them have a comparable out dwelling.

Abandonment of the dwelling unit shall be deemed to have occurred when:(1)Actual notice has been provided to the landlord by the tenant indicating the tenant’s intention not to return to the dwelling unit;[...]

An accessory unit is typically an additional living area independent of the primary dwelling unit, and includes a fully functioning kitchen and bathroom.