This is where smoke/CO detectors, grounding, electric garage door reversers, and other goodies came from.If the municipality performing the U&O calls out an item, Seller is stuck with resolving it either by fixing it or negotiating it with the buyer.

I'm a realtor from Colorado who wholesales STRs nationwide to help investors get big tax deductions.

I am co-owner of a $900k property and co-signer on the $400k refi loan.

I also suggest you look at co-hosting instead of arbitrage.

", this is the first time I hear about PadSplit and saw that they are here in BP.https://www.biggerpockets.com/co/padsplitI'm curious to know how that works and if this is a deal breaker for me?

I specialize in STR and co-living and both these strategies work best closer to the downtown and college areas.

How the law is written the owner has to abide by the code of the latest C/O. 

The markets I'm focused on for my next MTR are my local market here in NC as well as Colorado Springs.

Hey Kevin,I am an MTR investor and co-host in North Dallas, Texas.I have not done rent by the room--- but make sure you seek out advice from the rent by the room forums.

Aside from the waterfall, alignment for me also comes from the GP co-investing an amount that significantly above what he may get in acquisition fees.