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

As a former PM, I have ran up to 6 jobs at a time with one company and 3 jobs at a time with another design & build company.

Might come out green overall but it’ll be close.bonus: if you’re willing and capable to do an excellent t STR, which I would budget a good $40k-$50k on the furnishing/design/decor (more if you are outsourcing it all) AND are putting down 20%+, you’ll be able to have a very positive cash flow asset.

All adults have to apply and give IDs so you know who is in your property. 

You've got to be spot on with your design, decor and amenities so really evaluate your property honestly in comparison to your competition and ask if it's going to be a page one listing.

I’m a single mom with adult children and wanted us to be close and build homes in the future.

There is a STR group in Atlanta called AMSTRA stands for Atlanta Metro Short Term Rental Alliance led by @Rich Munroe, he is very active and worked very closely with the city while designing STR to present owners side of the concerns.

If you connect with a elderly homeowner who wants to learn more, if possible, make sure they have a younger/responsible adult that they know and trust to avoid bad optics.   

I run a kitchen design and supply business.

Hi Bigger Pockets Community,New member here...Im looking for some advice on whether I should be classified as a REPS or not for 2023 Tax year as my CPA isnt much help on determining if I should make this designation.