You can include in the definition of default the creation of an additional lien (either voluntarily or involuntarily). 

Additionally, each deep clean after a mid-term stay costs around $300 or more, which almost negates the financial benefit of the mid-term rental model. 

I understand that that a home in Jerome Village would already have property tax, that would include additional fees for the roads, infrastructure, etc. and that it's based upon "millage" and the home's assessed value. 

If I assume the IHDA soft loans, am I subject to the additional "HOME" compliance requirements?

In my market you can get an additional unit for each affordable rent unit.  

.-  Pro's:  Additional functionalities, such as tracking maintenance, automated bookkeeping, screening reports, etc. 

I would greatly appreciate your input on this matter.Here is my setupPurchased property under a TrustLLC in FL owns the TrustHolding company LLC in WY owns LLC in FLI purchased the property sub-to, took over the seller's mortgage and I’m working on setting up insurance for the property.I understand I need to keep the seller as additionally insured in my insurance, but the seller no longer has "interest" (ownership) either in the Trust, nor any of the LLCs nor in the Deed nor Settlement Statement.

@Anthony Britto Additional Dwelling Units are now by right in RI.

Get detailed quotes on these to ensure it’s cost-effective.Zoning & Permits: Verify that your current property allows additional homes and meets zoning requirements for multiple units.Rental Demand & ROI: Assess demand for singlewide rentals in your area to confirm it’ll be profitable after all expenses.If everything checks out, these could be solid additions to your portfolio.

We have thought about putting in additional mobile homes, but decided we would just keep the additional sites for RV's.