Always prioritize protecting your interests—one misstep can lead to significant consequences, especially if someone employs a predatory attorney.

Is the higher cash flow from short-term rentals worth the additional effort, or does it come with too much hassle in terms of turnover and regulations?

Essentially, there must be a paid parking footprint in the area already.The ideal asset would cashflow from day one with the ability to add value via technology, operations improvements, and/or NN lease addition (or renegotiation). 

If you buy a fourplex, rent out three units, then live in the fourth unit and rent out the spare bedroom for additional income.

David Of course, but you have to add it to your favorites to give me a boost in the algo ;)airbnb.com/h/thevermontaframeYou can also find us at www.thevermontaframe.com which has links to direct booking, VRBO and our social media.

Additionally, we do not have the capital expenditure (CapEx) budget required to make the comprehensive repairs necessary to stabilize this asset fully.Several factors have contributed to this situation:Property Management Issues: We previously worked with two underperforming property managers who made several critical mistakes.

Given that your rental property currently cash flows over $3K/month, the DSCR might be too low to qualify for the full $900K loan, unless you can show additional rental income or strong reserves.If your goal is to access that $200K for another investment, refinancing with a DSCR loan could be worth losing the low 2.99% rate, especially since it would eliminate the high-interest HELOC.

Although this data does not demonstrate causation, it indicates that Houston is amassing data to bolster its upcoming regulations and ensure they withstand legal challenges, mirroring the successful strategy employed by Arlington.As Houston steps into new STR regulations, now is the perfect time for STR operators to craft a proactive strategy, ensuring readiness and resilience in this evolving market.Lee Hampton, Builder | Developer | STR Operator | Former P&Z Commissioner

Personal mentoring would be an “upgrade” to a much higher fee, upwards of $40,000 which, for most people wouldn’t actually provide any additional value anyway.

I guess the part I'm not understanding is that it sounds you can combine their time for material participation (which is 500 hours), but not for the 750 hours required for REPS...but 750 > 500, if you meet the 750 hours, you already passed the 500 hours for material participation.Or you can get 500 hours combined material participation, but then one spouse needs an additional 250 hours of "non-material participation" (??)