Hello BP!
So after a long time my family and I are finally in a position to buy our first investment property. I was looking at a duplex or triplex here in the Houston area to get things going with a house hack, but I recent applied for a job in Colorado Springs that I am likely to get.
So I am trying to really understand the area. Since I’m a TX native I had that advantage, but this promotion would put me out of my element.
I am leaning towards the idea of STR but from what I am understanding there is a permit process for unoccupied vs. occupied. As well as for unoccupied STR am I understanding right that I could only have potentially 2 condos under one property?
We had planned to either get into a multi family or buy a condo live in it for a year then hop to another and STR that one.
Looking for any thoughts or opinions or information this wonderful group can provide or direction to any resources I can go over.
Thanks!