The folks on here that say STR's are good investments bought at a time when the profitability was higher and expenses were lower.

If done correctly, can be a great way to make some extra cash! 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

And we always refer folks to our network of licensed and certified vendors for work they need.  

This means thousands of dollars more in engineering, surveyor, and architectural cost plus months of extra work.Original 2-story garageHISTORIC CONSIDERATIONSTo complicate things further, the structure is located within a historic district.

@Chris Mason  you know Chris  I think the saying  " get a deal and the money will be easy"  I think that really waste a lot of folks time..

If it is something truly catastrophic, then owning a few extra properties will be lesser on my list of concerns. 

@Nathaniel Dean Morrisoni'm still not sure I'm following you, but if you're asking - should you use extra cash to put more money down on a house, and/or use extra cash to lower the rate - those are pretty personal choices so you have to decide what's right for you and what fits your budget. 

Don't expect to extract the greatest value obviously, bc there's a few extra hands helping you, but you also won't be completely on your own and they build in extra value/incentives that comes from being part of a group. 

Appreciate any thoughts folks have on this.