My wife and I both have full time jobs, take care of our 2 boys and I have spent almost every day off for the last 8 mo working on this house.

Parents tend to stay in STR's further away from campus where overnight parking is less of an issue

On the other hand, they will manage investor's unit as part of an 'apartment complex' (https://www.zillow.com/b/6734-summer-fest-drive-109-110-san-...).

Let the reader determine which of the responses makes more of an emotional connection.Not saying that's what happened, but an interesting hypothetical... :-)

Credit scores are made up of many factors, one is the utilization of an account vs its credit limit.

It's a former adult care home, so the layout is shared bathrooms, and this would allow me to not have to change the plumbing layout while offering a competitive price-point and unique experience to travelers.

I think you are best served to get the best advice and that is what will make your business work much better than the ones who don't care about the regulations.

.- Most cities do NOT care if an owner lives in basement, but will not allow a tenant to unless baement has legal egress window.3) Check local statutes if any limitations on how many unrelated roommates are allowed.4) Check with local building dept to see if rental inspections and corresponding requirements.5) Local statutes allow locks on bedroom doors?

When tenants and owners feel cared for, word spreads.

Just keep your eye on the numbers, be patient, and, if the path feels a bit winding at times, remember that most of us have been right there the ones who kept at it ended up with the sweetest returns.Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC