Looking to convert my basement into (2) ADU's.

Would I be allowed to convert that into units if I so chose.

For example, a 1600 sqft house that has two living rooms...my immediate thought was "why not break down that wall and create an open concept living area or convert the second living space into another bedroom?" 

Based on what I saw in the last cycle, if you can do it any time, now is the time when I think you're most likely to succeed.As Nick said, have your attorney give you a P&S to use, since technically you are not allowed to use the RIAR P&S if you're not a licensed agent (that's why there's a copyright notice at the bottom of every page 😂)As far as 6%, it should be easy to negotiate down to 5% these days, but I get that the 1% difference isn't going to make you want to use an agent 😀I don't think Realtors have the market controlled or locked up at all, but just be aware that there are a lot of agents these days (happens at the top of every market cycle), and many of them have the "convert FSBOs to listings" sales training, so if you do a FSBO you're going to be contacted by a lot of agents and the first thing many will ask is, "Would you be willing to pay 3% if I bring you a buyer?"

I'm thinking of converting everything to house boats.

Has anyone converted an Oil furnace to Gas?

Convert this into an ADU and you have an additional $1,500-$1,700/month in rents.

.- How much it will cost to convert to bedroom vs how much rent you would receive?

Listing - https://www.airbnb.com/rooms/2...Ranch style Duplex (Basement converted apartment below)  Furnished, Water included, Dead end street, yard care included, pest control included, trash includedRenter pays - Electric, Gas, Cable 3 Bedroom 1.5 bathFront yard access, separate driveway for basement apartment Does anyone have any suggestions to consider for pricing this unit for traditional rental?

(And then there are other things to do to convert the Tax Sale Deed into a Warranty Deed, but it involves the Abstract (Since Iowa in an Abstract state), and is kind of out of scope for this thread, but it can be done, since I've done it in selling buildable lots.)Yes, absolutely many tax lien's aren't redeemed, and expire worthless.