I would start with asking the fire marshall what is the minimum and get it in writing and ask him/her what is the timeline for completion. 

The government will pay on time all the time once it is set up completely.

A study recently completed showed that most squatters are attracted to two properties: vacant and those listed for rent stating 'for immediate occupancy' or vacant. 

Is replacing the HVAC with a completely different unit the best solution?

It’s s about knowing how to position yourself in markets where demand remains resilient, even when global STR margins are tightening.So yes, I completely agree that the game has changed, but for those willing to tackle the hard stuff in overlooked international markets with large American populations, the opportunity to combine cash flow with long-term appreciation is very much alive.

Some areas are higher end for personal use while others are primarily for short term rentals.

The property will need to have a slight rehab to get it up to STR standards, but when complete it should easily be a $200k Gross booking revenue property.

Mark, I am in the process of completing a HELOC with Wells Fargo.

New tenant must go through complete vetting, sign the lease, pay security deposit and rent, and move in, prior to the referring tenant getting their $100.

Getting the application and fee for the first lease completed now.