If you turn any two "bonus rooms" (rec room, office, formal dining room) into two more bedrooms, then you're at $5,950+ per month—a 138% increase in rental income.Now, imagine scaling this across multiple properties while keeping lower upfront costs compared to multifamily properties.

I am hoping to build multiple income streams as we are both physicians and looking to grow our family, but there is very little flexibility in clinical schedules.

Multiple states seem like they would be very challenging.I am a fellow investor and general contractor here in Chicago.  

Hud requires 70 sq ft for a bedroom for one person and 50 sq ft per person for multiple people.  

Realtor found it for me, won it over multiples offers without adding more to the offer.

I have done a decent amount of "boots on the ground" scouting and have gathered pricing from multiple businesses through tours and am more intrigued than ever on this investing strategy.

Many property management software tools also syndicate to multiple sites at once, which helps save time.

If you have just one business it's not too bad(My wife uses it for hers) but it starts to get really expensive if you have a lot of doors and or multiple businesses. 

You need to try a website that gets quotes from multiple insurance carriers as the best way to get around this challenge 

He can shop multiple carriers but he is still their agent when he is selling you the coverage.