What's great abut this is MTR is very tough to get shut down by local municipalities and believe it or not North Jersey attracts a huge verity of people looking for mid term whether its through work, moving or extended traveling.

Ask a settlement agent for more details about what they would require to delete them.I believe the Enhanced ALTA Homeowner's Policy is not available in Florida because it contains certain affirmative coverages that insure against matters that may occur in the future. 

I believe that when they do move out that they will use the bond as the last months rent and I will have nothing to fall back on if there are damages.

I believe in practice it does not actually offset the capital gains but reduces my taxable income dollar for dollar with the loss, as long as my Modified Adjusted Gross Income (MAGI) is under $150K.

This is to protect sellers but also to encourage buyers and agents to have necessary conversations about how everything works, before jumping straight to house hunting.At the end of the day, I believe the industry will adapt quickly, and these changes can be a positive thing for all sides. 

If they had communicated again on 6/12 to remind you they were moving out on 6/13 would you believe you were entitled to rent through mid July?!?

Hi Anne,It all depends on your own goals, if you really believe in the area, have done the work and have come to a conclusion that your money is used best in an asset here, then do it.Theres no reward without any risk.

There have been quite a number of red flags and warnings in this thread and many of your responses tend to be, "but what about this and this is why that is" leading me to believe you have already made up your mind that moving forward is a good idea so I wont try and change your mind but again, warn you that some things in this syndication are outside the norm and the promised rates of return (STR's in the package included) are abnormally high leading me to believe that the investors will have a much higher chance of disappointment than satisfaction.

Currently, the back house is not permitted as a living area but I believe as a "Carriage house".

I believe that the marketing and guest acquisition side is overlooked by PMs and people think STR property management is easy.