Zoning and Land Use: Check with local zoning authorities to verify the property's zoning classification and ensure it aligns with your intended use.

And I'm not sure if Real Estate was ever the best asset class? If

@Jay DhanakI would recommend using this website to find out areas you are interested. https://www.areavibes.com/Here is my rating & classification for each livability score. 80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below FSecondly, I would recommend connecting with an investor friendly real estate agent.

Plenty of appraisers have little to no experience in STRs as this asset class (if one wants to even call it that) is relatively new in the REI space, and thus, the method suggested above is probably not that likely to succeed. 

It sounded likely that a co-primary structure on the same lot would end up in front of the BMZA (Baltimore Municipal and Zoning Appeals) and many of the same standards for a primary residence in that zoning classification would still apply to the co-primary structure, unless BMZA waived it.

There are two classifications as alluded earlier one is the property itself (used by appraisers) and one on the neighborhood.Mostly people here refer to the neighborhood.I’ve always looked at medium household income to hedge the neighborhood.

@Michael SmytheThank you for sharing classification differences. 

Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

Aloha Lina, there's a few things going on here: 1. 1 acre lot and septic systems indicates potential for rural property classification that can hurt your max LTV. 2.