My dads portion of our building will be gifted to me in the will FYI.As a real estate agent, I see 5% as a reasonable market appreciation.

Message me and I will send my information.

I guess the odd part (to me) is I am putting up the money for the renovation, potentially without full ownership of the property.

Let me know how you’d like to proceed!

I'm leery of high leverage until I get my feet under me and some experience, so I'm aiming at smaller deals to learn the process before trying to hit a home run.

It will definitely be an out-of-state purchase because markets near me are way too expensive - I'd love to hear suggestions on different areas. 

But it turned out, it was his roommate (who moved in without telling me, but turned out to be a good tenant) that was doing the cleaning up.

@Placeholder PlaceholderOne word of caution I would advise: If a community or local government is enacting restrictions and also regularly enforcing them, then its often a reflection of the local community sentiment which increases the chance of a neighborhood or nearby resident calling you in if they think you may be running an STR.

The commissioner ordered me to pay the plaintiff over $9k plus her attorney fees.

I've tried Air BNB support to understand what the prior quality issues are to prove we've resolved them (but for privacy they can't tell me).