Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

My advice would be to knock it out of the park in terms of design and amenities and then you have less to worry about when it comes to the competition.

I would *strongly* discourage a buyer, especially a new investor, engage in that kind of nonsense.

The highest-performing STRs now create amazing experiences through their design, making the property itself a key part of the vacation! 

Tenant suffers damage due to flood for failure by landlord to inform him that the property is in 100-year floodplainA 100-year floodplain refers to any area of the land designated as a flood hazard with 1% or greater chance of flooding each year by the Federal Emergency Management Agency.

I look forward to engaging with this forum, learning from all of you, and contributing to the collective knowledge and success of our community.Best regards,Neil

There is NO getting around the fact that you own the property/business other then a TRUE no-recourse loan (which will not be an option for small mom and pop investors) and no if the loan is on your credit report has no effect either as credit report is NOT the only source.The premise of DSCR loans is for borrowers who cannot qualify for full doc loans for one reason or another, but it seems the real premise of DSCR loans is because of the commercial purpose designation is that a lot of states do not require licensing of any type to sell these products.

We use Engage Essentials luxury plank.

Thanks in advance and looking forward to engaging more on this site!

Trowels are designed to put the proper amount of mortar under the tile, so you need to watch a youtube video or two on proper technique.