The insurance company was pretty reasonable to work things out with even though it did not start out that way, and they did have my blood pressure up considerably!

There are others but these are the markets where we pulled the trigger in the past that met this criteria.

Find properties that fit Airbnb's standards, taking into consideration what amenities they offer, where they're located, and how satisfied guests have been.

Keep us up to date on your next chapter and continue to share how your experiences and colleagues prepared you to continue pulling the trigger in real estate investment!

These areas have considerably warmer climates than Connecticut during the winter, coupled with stable economies and strong rental potential. 1.

While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

For this I see most implementing that it's just gone(myself included), and discuss with sellers for consideration of such but guidance for buyers to present there request of whatever within there PA.     

I'm hearing your warnings about getting into self-managing without lots of local knowledge and experience and am taking into consideration.

Another wall I just hit that I'm navigating is I apparently underestimated Landlord insurance cost, which is biting into my bottom line.Just considerations I'm finding!

(I am currently staying at another similar home in the neighborhood where the owner has done something similar)My main questions for the forum are:Zoning and Legal Considerations: Does anyone have experience with the zoning laws in Union City, NJ, especially regarding converting single-family homes into multi-unit rentals?