I finally decided to close the doors mainly because the unit used was not available anymore, but also because the regulations got stricker and stricker over time.Now, if you want to use your 2-4 as an STR, you need to show proof that you are living in the unit you are renting by sharing a government-issued ID with that exact unit or your tax exemption form.If you have a building over 5 units, it's a bit easier but still challenging ( you can rent up to 25% of the units out for airbnb)...the few people I know that are successful are NOT the owners of the building, but more so the operator of the airbnb unit aka str arbitrage

Expanding density is challenging to pass, but it can effectively increase supply and balance out costs.

The challenge I think you'll run into currently is the rates being prohibitive when it comes to the mortgage payment. 

You will get places much quicker by having constructive dialogues with those who challenge you, not those who appease you.What do you think? 

Each has its own upsides and challenges, so think about what aligns with your goals.Speaking of goals. 

Your real estate attorney can help ensure you get the best terms possible, and they can also guide you through any challenges that may arise.

There are some other challenges, but you can work through them. 

Thanks so much for your help in advance I would see if you could do a rent to own or seller finance. you are going to have trouble getting financing without income for a primary residence as the lender has to follow federal guidelines and your ability to repay - which if you do not have income that makes it challenging to qualify. 

I am weary of trading my time for money and wish to be more present for my children while building generational wealth.

I know there are large property management companies that manage properties everywhere, but I am curious how they overcome all the challenges of not being near the properties.