Many hoa's have restrictions / limits to non-owner occupants allowed in a community / building.

The worst thing is that states and municipalities are using wildly inflated data that AirDNA and their ilk are pitching to create more and more restrictive zoning laws based on the perception of windfall host profits, further creating challenges to supporting our mortgages in a region with an already long 4-6 month shoulder season.

Best practice is to operate as an MTR and backfill with STR guests because if you open up your calendar to STR guests without tight restrictions, you're an STR.  

But you'd have to be quite involved initially, especially to get access to better SBA lending. 

The customary California purchase agreement includes a contingency for the physical inspection of the property, so you will grant the buyer and agent access to inspect the property during the contingency period. 

While there are costs associated with purchasing properties, the platform itself offers free access to property details and market data.

I know in California it is legal and the state acknowledges it however it does restrict the finder to basically introducing the parties and they can not participate in negotiations, etc.

This change improves privacy and minimizes unauthorized access, but it's essential to consider local building codes and regulations, as many jurisdictions require safe egress routes for basement units in case of emergencies.

Real estate activities are typically considered passive activities, and the IRS restricts passive losses to offsetting only passive income.

Most folks who come to me to refi end up having to bring cash to close even though the new value has increases substantially, they cannot access 20-25% of that equity due to the cash out limits being 75-80LTV.