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. 

When speaking with a lender should I be open about the wanting to move out after a year and converting it into a rental?

It’s natural gas now and I have no idea what hennit was converted.  

When we converted our first property to a STR, I thought I needed a property management company and actually looked forward to hiring one so it could be a more passive investment. 

I'm assuming I can itemize in 2021 and then deduct the full $27,000 from my 2021 taxes since the property will be converted to a rental property in 2021.