Is private lending as simple as it sounds or are there regulations to follow. 

On the other hand, some disadvantages of HOAs include the potential for restrictive rules and regulations.

You have to have an investor-friendly team who can advise you on specific areas and regulations.

@Kelli Powell we have 10% upcharge for all MTM leases.Regarding MTM for winter, our lease has a clause, that we remind tenants of numerous times, that if they are still in the property as of October 31, the lease shifts from MTM to they have to stay until Feb 28 - and can then go MTM again.

Zoning and Regulations: Have you come across any zoning challenges or regulatory hurdles in setting up your house hack?

Just make sure you're not breaking any city rules when splitting the house.In most cases, you won't face issues if you split a house as long as you live there, but it's best to confirm with local regulations to be sure.

I'm most cases you would run into security regulations.

Also, there are numerous challenges dealing with Turnkey providers:1) Terrible renovation work - we've taken over many properties that investor bought turnkey and they were shocked to learn the true condition of their property from our TakeOver video.

You must submit a request for a letter ruling to make a late election or revoke an election.Any change in the placed in service date of a depreciable asset.See sections 1.446-1(e)(2)(ii)(d) and 1.446-1(e)(2)(iii) of the regulations for more information and examples. 

I've been looking at a few other locations 3-4 hours outside of Dallas that have more relaxed or set-in-place regulations.