Some investors will wait until they have several properties before forming an LLC but it's often beneficial to set one up early especially with your first property.

Pace has built communities that work off one another to achieve success.

Most suburban cities have VERY limited lots and most of those are zoned R-1, meaning only a single-unit house can be built.In the City of Detroit, it's cheaper to buy one and rehab than build!

I am reporting every one of them now as this has gone on for years and is ridiculous that people don't know how to follow the law! 

One where the lady was promised by seller and seller's agent that it could be converted legally.

only one avenue to this and that is an equity partner that shares your dream. 

use STR reports it's more representative of major hotel markets and hotel inventory. find hte right brand. we just did a 150 page report on one development site.

Did you end up finding one?

One housing authority wouldn’t even entertain the request, while another was open to it because it was an affordable housing property, requiring just an application for the exemption.From my experience, dealing with government agencies, especially when trying to save money or get financial benefits, can be a slow process.

I guess I could do some work-arounds -- maybe reserve one unit in the first purchase for use as an AirBnb, and reserve my own time in it when needed - instead of claiming it as a primary.Are either of you (or anyone) familiar with a finance product/loan that will allow me to purchase under $150,000 (w/ strong credit) and do much of my own work and live-in a portion as a primary residence?