I also loan out as private money lender mainly in the Orlando Florida area.

However city is imposing a good amount ofimpact fees based on the bedroom count - which accounts to close to $40 k , which i cannot afford- Ibought the house for myself to reside and cannot afford to pay this.We verified with city prior to buying and theyconfirmed it is residential zoned , however never mentioned about any impactfees.It is residential zone - MLS shows it as 3 bedroom 2baths - it had a extra unit  in the back and also a inbuilt rolling bed on 1st floor for the main I am stuck here- they are asking to prove it was usedas a residential -ever - any guidance would be appreciated on this.

Mainly looking to add to rentals and wholesale ones that don't fit buy box. 

Newbie here - 2 weeks into my first property, I plan to house hack short-term rental (live in basement, rent main house) in Nashville.

There are three main requirements for REPS: 1) 750 hour rule 2) Greater than half of professional time rule3) Material participationHere’s a great article that walks through the necessities for your spouse to obtain REPS status.Do you have questions on the ways to benefit from a cost segregation study without personally obtaining REPS status?

There is a size element.

My main goal is to lower my monthly mortgage payment as best as I could. 

Another factor to consider, the main season for tourism seems to be between Memorial day to Labour day, and pretty much dies down completely after that. 

Our ideal candidate is someone embedded in and active in the STR space, as subject matter expertise + working with partners and advertisers is a key element of this role.You can find the application here.Working for BiggerPockets alongside our incredible network of employees and contributors has been an incredibly rewarding experience for me, and I'm so excited to be growing our content team.

Personally, I put my money into stocks and also I lend money for flips mainly in the central Florida area.