Love Price Labs, and would love to see the graphic to see if I'm missing anything. 

Hi @Robert B Azimi,A home that has been registered through The Mills Act, can be rented out the same as any other property, and it can even increase rental revenue as there are people who really like the thought of living in a historic house.

@Evan Thomas AndriolaDepends on the proeprty/tenant Class.Class A: we usually recommend newer/nice appliancesClass B: we recommend used appliances because tenants don't take the best care of them.Class C/D: we do NOT recommend appliances because tenants don't clean, leading to so much caked on food/grease it's realistically not cleanable.

Originally posted by @Joe Sera:@Christopher Smith when you 721 into the UPREIT you receive Operating Partnership Units (OP Units). 

My partner and I bought a home in South Florida end of 2021 with the intent of doing a small Reno and then airbnb/vrbo and then blocking out the dates we wanted to use the property.  

The best ROI is getting in front of people and meeting them.

If your goal is appreciation, you'll find markets that have very little cash flow (if any), and you won't realize your return until much later down the road when cash flow catches up or you sell the property.There are probably thousands of markets to invest in.

Seems more like criticism for the most part. 

The fan blows the air from one location up and out of the house.  

Depending upon whether they are a bank or a trust company, custodians are heavily regulated by the IRS, DOL, possibly the FDIC, State Banking Commissioner, and maybe the Comptroller of the Currency.