Might come out green overall but it’ll be close.bonus: if you’re willing and capable to do an excellent t STR, which I would budget a good $40k-$50k on the furnishing/design/decor (more if you are outsourcing it all) AND are putting down 20%+, you’ll be able to have a very positive cash flow asset.

You've got to be spot on with your design, decor and amenities so really evaluate your property honestly in comparison to your competition and ask if it's going to be a page one listing.

There is a STR group in Atlanta called AMSTRA stands for Atlanta Metro Short Term Rental Alliance led by @Rich Munroe, he is very active and worked very closely with the city while designing STR to present owners side of the concerns.

Hi Bigger Pockets Community,New member here...Im looking for some advice on whether I should be classified as a REPS or not for 2023 Tax year as my CPA isnt much help on determining if I should make this designation.

It’s designed to save time and refine your search, making it easier to spot potential deals.If you’re interested, I’d be happy to share more about it and even offer you access to explore its features without any commitment.

I want to also know contractors that and designers that can help me getting going with a project,

nice, beautifully designed

In the end, a majority of inspectors would likely appreciate the fact that you will end up improving the condition and make it safer; especially if you are not trying to use the space as additional utility space or living space; just as long as the Zoning Reviewer doesn't pick your project to become an issue, or just as long as you are not hiding an illegal unit which an inspector notices once on site...One final note;In regards to deconverting your property to a single-family residence in the future; with the Zoning TSL Expansion, many Zoning designations are restricted from deconverting properties away from an existing Multi-Unit condition.

Its designed to be you personal Ai companion as a real estate investor.

My wife and I own an Interior/Architectural Design company.