Its flexibility as a high-yield short-term rental and potential long-term rental ensures strong returns.

Make sure you're familiar with all the terms, and maybe have a trusted attorney give it a once-over to ensure everything lines up with Oregon's latest landlord-tenant laws.

Ensure that you issue the necessary notices and keep thorough records of everything!

Best to do this properly and ignore the people who say not to advertise this. 

Conduct a title search and HELOC to ensure clear title transfer.

BP is so large now, unfortunately, there are a lot of "professionals" advertising their services here but don't know the REI industry.So, to protect yourself in the future, I'd ensure at least a few other REIs have worked with the professional you choose to hire and have received enough value from them to refer their services.You can always ask the professional for references as well and they should have no problem providing a few if they are good at what they do.Just my 2 cents.

Without proper permits, there’s a chance the city may request you to revert any non-compliant additions (like the extra bathroom) to align with code standards.When it comes to refinancing, banks tend to look closely at the property’s legal compliance.

**Property Inspection**: After submitting the RTA, HUD will schedule an inspection to ensure your property meets HUD’s Housing Quality Standards.

If the score is too low, does anyone have the proper wording to tell the applicant that we can proceed further due to this?

I want to ensure I’m offering fair pricing for owners while building a sustainable business.