Make sure your lease stipulates its a "shared property" and list all the rules to make sure they toe the line, garbage, one vehicle(where parked), noise, no personal items in yard, everything you can think of or choose/whatever.

The rule of thumb is this one selling anything: get it out to as many people as possible.

Quote from @Catherine Sanchez: Do Not Call Rule #10: https://www.ftc.gov/business-guidance/resources/qa-telemarke...If the individual contacts you first, they have established a business relationship.

The general rule of thumb is- no inquiries, you are at least 10% too high.

Again, it's really an attorney's question, and ideally the one licensed in both states.And, while talking to your attorneys, have them justify the need for an LLC.

I own a property literally on the Fannin / Union line in Morganton (on the Union side) so we now have some new rules we have to follow and they are restricting th number of STR permits in the county Thank you for sharing Neil.

As a Banker my advice is to always have several conversations prior to and be very transparent with your Banker or Loan officer.You can use real estate to position yourself into a better or bigger home buts is like chess there are rules and you have to know in advance your next few moves. 

There are rules that government what can be reported once the debt is charged off.

Obviously, rents are very cheap there, but it seems I can find MLS listings that match or come close to the 2% rule.

If everyone was following that same rule, I’d gladly do my due diligence ahead of time.