I think one of the challenges of the BP MTR forums is that while all real estate is local, it seems that what is working in the MTR space is hyperlocal.

When people replace their old homes, you can possibly get those fairly inexpensively if they fit your spaces...Best of luck!

For me personally, I would leave it a loft so the renter could have a playroom for kids, office space, family room, etc.

If you're not present to let them in (or have the space occupied for whatever reason, etc.), they should be notifying you and you may have to face any repercussions (penalties, pauses on your permits, etc.) 

It's just a product of the modern internet age and you are right, they always have a new way of skirting the rules.

My offer to purchase was successfully accepted in a competitive market, and I immediately found a tenant to rent out the space for a 12 month lease.

And if the yard space was part of the lease I guess it makes sense to reduce the rent a little.

This space is also getting competitive, but you could try listing for monthly stays only on Airbnb, VRBO, etc.

My point being I've consumed a vast quantity, and variety of content in the rei space. 

A modernized condo in Uptown Charlotte, purchased in 2020 as a rental property.