Main question: The seller is asking 675k I think I could get a loan for the park for around 375k-500k(Maybe totally off just off me doing my numbers and their 8% interest rate and their typical 25% OpExp ratio and if they are all similar in running the projection of a new MH brought in $1500 per month new revenue).

For example  I know mysmartmove going through transunion doesn't do RI/MA.  In

The main issue I see there is the higher maintenance costs, especially if you are no longer local when you turn the property into an STR.

Koevenig with Cbus Remodeling is a full time health professional who started a side business in 2020 that is listed as mainly renovations.

Keep in mind umbrella insurance only kicks in AFTER your main insurance runs out.

We added cheap square footage by filling in a breezeway which helped to turn an attached ADU from studio to 1-bed, and turn the Main Home from 2-bed, 1-bath into a 3-bed, 2-bath.

I'm located in Aurora, CO and have a 6 bedroom house that has a main floor that is already ADA accessable.

Since I am not really changing the main purpose of the property, one source told me it shouldn't apply.Lastly, do make sure you apply for an account to pay your sales (collected by Airbnb and vrbo, but not others) and Tourist Development taxes (you must collect).

Back to the main point Terry, right??!!

Nice compromise but it does look better for lease/option tenants and it wears better in the main living areas if they vacate.