A lot depends on the local code officer.

Don’t bite the hand that feeds you especially if you are dependent on the tenant for the income .

If this is your first property, go with Class B... and try to get 0.8% rent on purchase price.AirBNB/Long term rental again is depend on your long term scale goal....

@Jonathan Jaime Velarde - Jonathon, depends on how close your property is to the coast.

The term is delayed financing.there are some caveats to it depending on if you go conventional vs.

The time is going to be different for everyone, much like the percentage, location dependent.

@Charlie Mitchell, I believe this all depends on your market, the funds you have available, or your ability to negotiate any type of seller financing.

Depends on what your state's standard forms look like.

Thanks,KevinGet preapproved (when you think you're ready to buy) by a lender or mortgage broker that does either FHA or Home Possible (depending on how much you can put down) and then find a Realtor that specializes in investor properties and units.Welcome to BPStephanie 

Your expenses do qualify for the SH but some will argue it also depends if the work is done before or after placing in service.