Hi @Robert B Azimi,A home that has been registered through The Mills Act, can be rented out the same as any other property, and it can even increase rental revenue as there are people who really like the thought of living in a historic house.

What area is this property in?

Everyone is trying to maximize earnings in this business. 

:I hope you fix this sometime in the future. 

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

If this is what sub2 is, then why are people paying tens of thousands of dollars to learn this process?

What are the largest pitfalls one may run into that turn this from a 150 to 350 ordeal?

I think access is a major stumbling block to the Oregon coast. its just a long way from everywhere.. and the amenties as you state that are missing.Its super popular though for Oregionians no doubt.Keep in mind though from Jenner CA north through Ft.

I've been looking for a spreadsheet to analyze this decision.

In many ways those who want this probably would do better in a job than in an entrepreneurial role.And that's with regards to good coaching programs.