Everyone has an opinion about legal protection, just like about dieting or economy.Here is the bad news.

The seller (which is my landlord currently) says that different appraisers have argued that it could be a 5 unit, while other have argued that it is strictly 4 units, with the 5th basement unit being a hack.

I’m considering switching my 3 SFR rentals over to strictly 2 year leases as turnover costs are cutting dramatically into my returns.

Hoping to stay near Mauldin but man prices still climbing in the Greenville area so might have to open up to those areas for strictly investment properties after we can find a bigger house here.

Just like office colleagues, we are cordial but it’s a strictly business relationship.I don’t want to know about their personal matters and I don’t want them to know about mine.I am cordial and reasonable so that they would want me to have their landlord but my cordiality would never be at the expense of my business.Thanks,Animesh

We have done that now 3 times and they now have super strict zoning that prohit any new rental not to mention the fact that they cant be within 500 feet of another property that is a vacation rental- measured by the distance from the furthest point of any property line.

Hi @Shanae Williams ,To help keep a strict timeline for your live-in rehab, hire out as much of the work possible.

But I tend to be very strict in following basic guidelines in my business decisions.

Also I’m not 100% sure how to check, but I know most communities in my area have rather strict zoning laws and this would probably be an issue I’d run into.Thanks for the thought though.

Doesn't help much that investopedia.com defines cap rate as a "rate of return".https://www.investopedia.com/terms/c/capitalizatio...Because of this many newbies have no choice but to get stuck in the mindset that somehow "cap rate" is strictly a measure of return and nothing else.