I too found that a lot of what it says (in E-Myth revisited) is be things I already knew.

Different states have different rent ready requirements, in Florida, I do my self management so I make my decisions and work with the tenants.

Who still want to waste LOTS of your time- Different drip campaign3) Prospects likely to buy in 6-12 months- Drip and text/call every so often4) Prospects likely to buy in 3-6 months- Get proof of funds/pre-approval- Drip listings5) Prospects looking to buy in next 3 months- Get proof of funds/pre-approval- Sign buyer's contract- Drip screened listings

Is there a way to make it a semi en suite-ie add a door to one of the walls in the bathroom to connect it to a hallway?

I'm not sure how someone with little experience can convince someone else to give them equity in their deal in exchange for unskilled labor.

Quote from @Amanda Rechsteiner: Hello,I am a Realtor and investor in Michigan.

Also, do you see any downsides in the case of an appraisal during the sale process whereas since its technically not an official 4x3 on paper it may not appraise properly? 

The good thing about your friend being in Florida is that the state does not have an income tax allowing your friend to be more flexible when it comes to finding a professional.

It’s the main reason why so many homeowners have delayed their move in recent years.

He has helped many people that are in a similar situation as yourself.