Depends on your local rules and regulations, but in the state of Virginia such a practice is perfectly lawful.PS: Do not take model legal language and incorporate it into your contract unless such language comes from an attorney. 

Your responses add additional flavor to this topic.

There were a few important tactical and operational details in the single family business model that I either did not know or overlooked.

Re modelled almost the entire house before we moved in. 

If you are interested in the underwriting process and financial model for multifamily, I recently published an article on LinkedIn that breaks down the end-to-end process that we follow to determine the purchase price range for properties.  

But if those are already active MTR-able units then your set-up model isn't really relevant to that group, right?

STRs are popular in this city as they create significant amounts of jobs and revenue.I am shocked that this model is not more popular around the country.

Who is the manufacturer and the model name?

I am interested, as an active agent, to see what happens to the flat fee model.

Their Fortunebuilders company is the same model as Trump University, meaning they take advantage of novice investors masterfully.