Cheap, Easy, no permit. 

We've custom designed reports for clients before, so maybe your PMCs can do the same?

Montgomery County has specific requirements on square footage, parking, and permits for ADUs, so you'd want to check those out before making any moves on a basement conversion.If you're just renting out rooms in Montgomery County, you're good to go!

Hotel, motel, and bed and breakfast uses are permitted in multiple zoning districts around the city.

However, I'm receiving pushback from the Revenue Division regarding the issuance of a short-term rental permit.

You need a great commercial agent on your team, a cpa who specializes in land development, a great architect, a surveyor who can do your short plats, a great dirt and underground utility guy, and a great permit specialist. 

The town has always limited the number of permits and has talked about sunseting some of them. 

@John BertolonYou are in the customer service business.

A single family with permits for 7-8 students may be more profitable than a 3 units with two beds in each unit.

Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule:The HomeStyle program has a maximum 4 draw process.The initial draw can be up to 50% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information:Ø Signed Draw Request by borrower and contractorØ Signed All Bills Paid AffidavitØ GMG review and approve the draw request and will release funds for disbursementØ A check will be issued in the name of the borrower and contractor and delivered to borrower via USPSØ An inspection of work to date will be performed at 50% completeFinal Draw Information:Ø Signed Draw RequestØ Final inspection/Completion Certificate will be required for release of final fundsØ A Title Update showing property free from lien or encumbranceØ General Contractor’s Lien Waiver AffidavitØ Affidavit of Completion GR will review and approve the draw request and will release a check in the name of the borrower and contractor.Change Orders and Cost Overruns:Changes to the initial plan are not permitted unless prior approval by Guaranteed Rate.