What did you decide to do?

I'm a CT based investor, flipper and property management company owner.  

For example in many jurisdictions I can STR units in a duplex but cannot STR an ADU (some jurisdictions will let you STR if you owner occupy).

Did you know that Fannie Mae recently lowered the required down payment to 5% for owner-occupied 2-4 unit homes?

For people that want to close and make it pretty/official/permitted/etc once they are owners, the question is "what is the cheapest way we can get this to pass an appraisal without the appraiser calling for a licensed/bonded/professional/whatever to fix things prior to closing?"

If you have a business entity(you want to properly track money going in / out from its owners).They will likely be classified as contributions / distributions.Best of luck!

You have to be an active manager and many current owners are not wanting a second job and are selling.

Faced with mounting expenses, extended timelines, and diminishing returns, we ultimately decided to sell the property instead of continuing with the BRRRR strategy.The Insurance Mistake:The biggest lesson I learned was that I had the wrong type of insurance.

New Jersey state law allows for owner occupants to have much more freedom. 

No one knows:(It could take a week, a month or more than a year of constant followup until an owner is motivated to sell.