Here’s the detail: Last year, we were tenants looking for a very specific luxury property (we needed an owner that would permit us to sublease when we were away travelling).

Seeking Advice for First-Time International Investors: As a newcomer to the US market, I'm eager to learn and appreciate any advice or insights experienced investors might have for international buyers like myself.

If a fencing company shows up you could ask them if they have a permit and a survey.

But you have to be there 10 years consistently after obtaining the proper residency and approved permits AND meet the annual donation requirements, THEN it will be reduced to 5%.However, after reviewing this again,I feel all the other details associated with Act 60 is not really worth my while.

Cash invested: $40,000 Garage ADU conversion with city permitting.

. - Downtown location, near restaurants and a 3 min walk to train station- Only 2 off street parking spots, street is permit parking only but there is free parking down the street- Units have just been completely renovated- The city does not have any ordinances against short term rentalsThe biggest hurdles for me are: we're about to go into a slump/down season; potential parking issues; and if one of the other units were rented long term - dealing with the hassles related to that.

The 400k$ quote is for a quite extensive whole house remodel (moving walls, windows, openings, expanding footprint and +1 bath, +1bed) and includes design, consultants and permits.

My MTR is in Mission Beach and is an MTR due to not getting an STR permit in spite of it having been an STR for 24 years prior to the STR quota.  

Always check workmanship and permitting when buying renovated.

., I don't know if the town would even permit that and they don't return calls or emails.