That would be really bad and your STR revenue would be the least of your concerns.

The main concern is emergency exit in the case of fire.

That would be double dipping.I think the bigger concern would be the management company's lack of transparency in breaking down the revenue/expenses, and whether that means they are possibly rent shifting (offering lower nightly rates that they rev split with you and shifting the cost into various administrative fees that they keep 100% of).IE instead of$500nt x 4 nights = $2000, they take 16% of $2000 so you get $1680They might be doing something like (and this is typical of PM companies trying to squeeze out an extra buck)...$400nt x 4 nights = $1600+$400 in "administrative fees" = $2000.You get 84% of $1600 = $1344Same rent cost for the customer but now they are only paying you 84% on $1600 instead of $2000, and then pocketing the entire $400 "administrative fee".

Are you concerned about the PMC doing the rehab to improve the property?

The last thing is to hire Steve Michelini as a Consultant to represent your concern to the City and try to get a small reduction for one year...good luck. 

The thing that is concerning to me is that if you are under the age of 59 1/2 you will be penalized for taking the funds out too early.

My main concern with house hacking is our income will be reduced quiet a bit and we won’t be able to save as much for the next property.

It seems like a very simple Excel spreadsheet should solve the analysis concerns in regards to the number of hours spent.

I also know I can have a handyman replace a lightbulb without causing liability issues or causing any concern for my insurance company.What I am hoping to learn here is a bit more about where the liability cutoff might be between work that can be done by a handyman and work that requires a licensed electrician. 

Hello all,Was hoping I could get some suggestions or hear about any similar experiences concerning the following.I have a number of single family homes, all in a small community.