They are a commodity, and owners are competing directly against hotels in this space, so rents are ultra low.

What is Evernest even doing if all of us property owners are the ones essentially managing things?

None the less, its a very investable area and owner friendly state.

We also need to add in escrowed taxes and insurance to the new terms, as previously the buyers were responsible for paying them, but we’ve recently had to take that over.Context:Subject property is a mobile home on land in the state of FL that is owner occupied by the family who purchased it from our LLC.

So he did a non allowable assumption to get around non owner occupied rules and it bit him in the ***.Karma....

Sorry ... gotta ask a "dumb" question here (I've never looked much into MHPs) ...Don't the home owners own the mobile homes while the park owner owns the lots and everything else?

Common problem, no easy answer:(We try to allow our owner clients to arrange their own maintenance, but have learned the hard way there MUST be limitations:1) They can't hire our people!

Starting with an owner-occupied duplex is a smart way to build equity and gain experience.

The Rise of Co-Living: As Airbnb Faces Restrictions, New Housing Models Win in Court 🏡⚖️Across the country, cities are tightening regulations on Airbnb and short-term rentals, making it harder for property owners to operate legally.

A lot of the popular areas in Charleston proper that are not licensed under the old laws now require the owner to live on the premises to obtain an STR license.