Quote from @Daniel Amsalem: If you have an Airbnb in DC, Maryland, or Northern Virginia (NOVA) or want to, I'd ask you provide feedback to the City of Alexandria regarding their proposed regulations.Regulations: https://www.alexandriava.gov/sites/default/files/2024-08/sho...Feedback Form: https://www.research.net/r/AlexandriaVA-ShortTermRentalsAlexandria sets the example for all of DMV as the most permissible county/region. 

Unless you are unknowledgable, my bet is you could make more from rent than sale, and still have the benefits of owning the original home while you go do something else.The 25K you have left in property will be netting you(gross) of $350 mo or 4200 per year.

Obviously none of they knew of the fire or looked at the property in the last few days.At tax sale I have seen people have bought:US Army bombing rangeExpired lease on propertyhouse with 3 walls, 4th wall missingsliver of land 2 feet wide50 foot cliff, access by helicopter onlyland at bottom of man made lake (literally underwater property)wetlandsflood plainsunbuildable propertyfailed perk testhistoric dig site, can't disturbproperty with no road frontagecondemned propertyproperty already scheduled for demolition soonformer gas station with leaking gas and oil tanks undergrounddry cleaning plant with toxic wasteSuper fund sitechromium factory with tanks and barrels of an unknown liquiddistillery with full barrells (ATF and state government was very interested and wanted to seize and destroy those barrells)Bigger Pockets Podcast #82 

I bet if converted BACK, it would be 4br+, probably a rather spacious 4br+: - a whole lot easier to rent given much more demand for such vs efficiency or 1brs- no longer competing in any way against apartments- no more utility issues, because tenants cover 100% of there own utilaties- no more headaches of wrangling different persons to play nice togetherAnd on and on and on...... 

Nowhere in their claim is there any mention of how many people get that list.. so all this does matter.Lastly I am willing to bet there are plenty of people that have send 2K mailers and not gotten any deals... so tha claim truly is factually wrong.So does your plan sound good...In my opinion it doesn't sound good...

I've been on the scavenger hunt trying to find it, county site has a summary only.

You can still use a property manager for on-site tasks, but your own activities—like managing bookings, marketing, and bookkeeping—must be well-documented and exceed the property manager’s time.It’s important to carefully track your hours, especially if you’re managing remotely, as this can face additional scrutiny from the IRS.

Why, because of the main stable coins, it is the only one on of the largest exchanges, Binance, will NOT do a 1:1.So, you're best bets would be those like USDC, TUSD, GUSD, BUSD.

@Raul Velazquez The 3 things I would recommend besides reading books/audio/sites are:1.

I have a feeling just starting out my home is not going to get much exposure on sites like air bnb or vrbo until I get some good reviews.If anyone has experience in this market I would be intrigued to hear how best to manage my new STR.