Maybe they changed the regulation?

The risk to you is that by selling partial ownership you may be selling a security under the Federal definition and therefore depending on the method used to find investors could be violating Federal or state securities regulations.  

This was essential for us, because we wanted to have the opportunity to get to know this established mentor and potentially work with him.- Ability to Network with other students: We not only wanted a mentor, we wanted a tribe.

Lenders usually look for established rental income history rather than future projections.Alternative Documentation: Some lenders may consider future rental income if you have a solid lease agreement and other supporting documentation, such as a detailed rental market analysis.

Hello, So I saw that most places categorize rentals as just str or long term, mtr is just another option investors came up with but in the eyes of the state it’s not recognized with its own rules and regulations.

@Mike Liu there's always a tradeoff between risk & reward.If you want higher cashflow, you'll need to get into riskier investments.STRs are riskier than LTR due to: saturation, changing local government regulations, more intense time required, etc..Regarding LTR higher cashflow:If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

The only situation which I would use Minut is if there was an HOA/city noise regulation and I could dispute fines with Minut Data.

I know I would need to establish an association with declaration, condo docs and such, get city approval and have a surveyor involved. 

Definitely look into North Carolina's rules and regulations on this.  

If I understand correctly, and if the IRS regulations have not changed over the time of this conversation (since it started 7 years ago), we could (and please let me know if I am on the right track):1.