That's why welcome trolls exist.

Do I need to draft a new lease with the tenant, or can I continue with the existing one?

As a fellow Northerner, I tend to buy in the Southern half of the US for 2 reasons:1) you get much higher year-round occupancy rates in the South & it’s simply tough to earn a good ROI in the North if your place sits vacant for a big chunk of the year2) Culturally, the Southern half of the US seems to be a lot more accepting of STRs regulation-wise.

Realtors also have insurance, tons of regulation, and hopefully experienced brokers that are all very interested in protecting you from scams during the home sale process.This is a scam. 

The lot shows the existing building envelope next to the proposed renovated floor plan and square foot addition. 

SW also does a virtual color consult which we have done a couple of times when were trying to compliment existing colors so we didn't need to repaint the entire house or troublesome unique bathroom fixtures. 

We renovate our units each time an existing tenant moves out of a newly purchased property.

@Jermaine JohnsonTo succeed in the Houston market, network with professionals like real estate agents, contractors, and property managers, leverage local investor groups, understand the market by researching neighborhood trends, supply and demand, and zoning regulations, use market data and tools, and start with a focused strategy based on your goals.

Focus on enhancing the guest experience, and check Lynchburg’s STR regulations for potential costs.2.

The lower building costs and more relaxed development regulations definitely seem like attractive reasons to keep investing, especially with the need for housing growing as people continue moving in.