Purchase price: $85,000 Cash invested: $150,000 Contributors: Hannah Holland BRRRR in a small pocket of SFHs that is surrounded by commercial near downtown, therefore our lot is zoned commercial, not ideal for pulling out as much cash as possible, BUT due to Weatherford STR regulations, I am now eligible to STR this "commercial" property.

Problem is that European countries like Portugal and Spain are following (or preceding) the negative STR regulations that you find in more and more places in North America.

The only time the market ever crashed in Miami seriously was because there was mortgage fraud going on and then the mortgage industry was regulated.

I would suggest watching some youtube videos, come up with your own variation of someone elses script and practice it until it sounds natural.

Hi everyone,I’m reaching out to see if anyone has experience dealing with local regulations that seem to overstep property ownership rights.

In reality to be successful in real estate you need knowledge of real estate principles, real estate finance, real estate law, and real estate practices.

Are there any particular management practices or tools that have proven effective for rent-by-the-room setups?

100% financing is possible but not practical.

If you really want an answer you can confidently rely on you'll need to engage an attorney practicing in the state the property is located in and the state of residence of your grandparents and have him research the specific facts of the case.  

@Mark Wright, I really appreciate the sensible input and agree that regulations and restrictions are needed, but hope that the town works with local owners to accomplish their goals and don't just push them out.