Am I misunderstanding the listing?

Many deals have fallen thru or ended up in court over a misunderstand as to HOW a contract is filled out.

I'll chalk this misunderstanding up as a learning experience.  

I do my best to avoid any misunderstandings.

Perhaps I misread or am misunderstanding?

No, the investors misunderstanding of true expenses is causing them to lose the property.Are you planning to do the PM yourself?

If anyone is preaching it as "gospel" then they have a serious misunderstanding.

Am I misunderstanding part of the process?

@Christian Scully I could be misunderstanding you, but it sounds like you're trying to find a way to have your cake (living outside of Providence) and eat it too (still have an Airbnb even after the new owner-occupied rules).I'm guessing that there are people who will try to do that, just like some people claim that they don't have a car or it's housed in a different city, but they actually live (and have a car in) Providence - to avoid the higher Providence car tax.Some people will probably find a way to get away with it, but some percentage might get caught.

Insurance also doesn’t protect you from misunderstandings, especially those made in writing and email.