.* The waiver was prepared by an attorney FYI Thanks Andrew.Do you find a lot of people take advantage of it or isn't worth the headache?

I just found out the property is in a Zone A flood area, which means lower property values and a longer selling timeline.At this point, I’d rather take the $5K loss than deal with the potential headaches.

@Javier Contreras save yourself a bunch of headaches and potential losses and connect with @Samuel Eddinger!

Also, agree on how the property will be used, who can live there, and under what conditions.Financial Shortfalls: Address what happens if someone can’t meet their obligations.Legal/Professional Fees: Decide how legal and other professional fees related to the purchase and management of the property will be shared.Taxes: Determine how tax benefits will be divided.SummaryMelissa, the time you spend creating a thorough agreement now will save you headaches—and possibly your friendship—later.

We shoot for the top rent because of all the extra paperwork and other headache the clients usually bring.

I hear you—NorCal has great STR potential, but regulations can be a headache.

If will be more work for me which I am willing to do but is it worth the headache and risk ?

Any idea how much legal fees and headache having a condo regime set up would be?

A solid screening process goes a long way in avoiding headaches later.

Would you "give up" some cash flow for less headache?