Hey all,I have an update on the situation in Colorado with the new legislation.

However, with the recent statewide legislation removing maximum occupancy limits, Fort Collins has become an attractive market for house hacking.Although property prices in the area are on the higher end, the strong demand for rentals, particularly among students and young professionals, makes this an excellent opportunity.

This could be huge, or something like the ADU legislation that came out in 2017 and then revamping in 2020 due to convoluted items that made the building very strict to almost nonexistent.The main reason ADUs are hard to get the best value for now is that the appraisals come in short (depending on the comps in the area of course).

I am based out of CT and am aware that each state legislation is different as far as time to claim proceeds/process to  do so. 

I suggest reading the legislation for your own knowledge.

He did not oppose social welfare legislation. 

Here are 2 links that breaks down the legislation a little more plainly. https://www.nj.gov/dca/divisio...https://www.nj.gov/dca/divisio....To address some of your questions @Mark F. - I will only answer what we definitively know within our organization, I cannot speak on behalf of the state or nonprofit behind this new legislation. 

Is there draft legislation for this that I just happened to miss?

I live in Belguim, so not all laws and rules will be the same here, so it is best not to read American books in connection with their legislation, etc.Thank you in advance,Kenji

The state legislation (SB 13) and the local guidelines both expressly distinguish between ADUs and JADUs and state that the 150’ applies to both of them, not just JADUs (“The accessory dwelling unit or junior accessory dwelling unit . . . may include an expansion of not more than 150 square feet”).