These %percentages are market dependant.  

To further answer your question: the truth of is subto legal is “it depends” - now is it criminal - most likely no - but could it be illegal yes.

It all depends on the lender really.

Depending upon the Lenders if you qualify, you can get up to 100% in Rehab Financing and/or up to 90% LTV on Purchase Costs.

Depending on the country there also might be fire risk mitigations.

Depending on how you use the property, you may benefit from a cost segregation study and bonus depreciation once the property is in service. 

For a rule of thumb, replacing a commercial boiler can range anywhere from $20k to $150k, depending on the size, age, and efficiency.

It really depends on your goals, time availability, and risk tolerance.

It really depends on whether you prefer the hustle of managing STRs or the steadier income from LTRs.My TakeIf you’re drawn to the energy of the STR market and love the idea of working where people vacation, Florida might be the way to go.

Hi Paul, it all depends on your comfort level.