I could explain why, but I feel that @Dave Meyer and Dan Nelson do a great job on the podcast. https://www.biggerpockets.com/blog/real-estate-1043

Maybe read his blogs about it.

Here is an article that discusses it somewhat. https://www.parealtors.org/blog/appraisal-changes-coming-for...So, some finished spaces are not not counted as part of the GLA based on a standard, which is fine.

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

The forums are full of self-managing landlords who make little mistakes that turn into big mistakes that cost them years of cash flow (or more).If you want to be a DIY landlord, I recommend books, blogs, classes, or other resources to educate yourself quickly.

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...BRRRR Loans: What Are the Options, and How Do DSCR Loans Stack Up?

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Here's two episodes I might start with on your STR/MTR decision journeyBuying in Overlooked Short-Term Rental Markets https://www.biggerpockets.com/blog/real-estate-948The Step-by-Step Guide to Building a Medium-Term Rental Empire https://www.biggerpockets.com/blog/real-estate-780If you like those two episodes, please feel free to reach out to me for more, there's a good amount of STR/MTR BiggerPockets podcasts and content.

LLC's are welcomed, no DTIs, and less paperwork...happy to connect.Also check out this BP article that explains how DSCRs play into BRRRRs: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

There is not an equivalent version for MTRs.https://www.airdna.co/blog/short-term-rental-tax-loophole