@Jay Hinrichs wouldn't your #4 be a consideration for #1?

If I jump to the end of this story first, I will tell you that at 7% interest and high market values, very little cash flows well when you take into consideration principle, interest taxes, insurance, and a $100 maintenance reserve… at least where I live in Florida - but we have really high insurance rates.  

I'm currently listing a unit via Avail, and despite them adding some new syndication partners, I am seeing considerably less interest/traffic on my property listings.

In both scenarios with "shared" services, I would also give consideration to the shared responsibility & maintenance of the septic field , well, and equipment. 

The characteristics defined by the location include:Total capital required: If you can grow your portfolio using accumulated equity by cash-out refinancing, which is only possible in areas with high appreciation, you'll need considerably less capital from your savings.Inflation protection: Whether rents outpace inflation, enabling you to sustain your lifestyle indefinitely, only occurs in cities with significant and sustained population growth.Income persistence: How long your income will last.

Thanks so much for the consideration!

The subject is not considered an arms-length transaction and is therefore given no consideration when analyzing market trends.

Hello Ethan,Turning your old home into a 5-bed, 2-bath Airbnb while having a conventional loan is generally permissible, but there are important considerations.

Like you said, a real estate attorney would be a valuable person to talk to, but here's what I have: Considerations: short/long-term rentals, co-ownershipTo keep your favorable mortgage rate, you can consider a Joint Tenancy or Tenancy in Common agreement without refinancing.

Cost alone not being my biggest consideration.