On the other hand, if you are looking to do a more heavy value-add with renovation you may look for bridge or private money options.

A light to moderate fixer-upper can be great for adding value, but if you go too heavy on repairs, it can quickly turn into a full-time job and delay your ability to house hack and start generating rental income.The ideal scenario would be finding a property that was last renovated between 2005 and 2019—something that is livable but could be updated to 2025 standards for maximum rent and resale value.

The best way to make this happen as soon as possible is to invest the money you have into heavy value add opportunities like flips.

We are now seeing that they put big heavy stuff on the walls that created half inch holes in several places that will have to be patched on very nicely textured walls.

Mass loaded vinyl (MLV): Apply a layer of heavy vinyl sheets directly to the wall to block sound transmission.

The injunctions may disappear quickly, and you will be required to file or face heavy fines and penalties for noncompliance.File all your Corporations and LLCs now.

I think novice operators are trying go too heavy on amenities to compete with the big boys/girls/people and they can't do it as well because they don't have the operational experience.Consistency is the key for new operators and that goes for quarterly photo updates, dynamic pricing, and communication.Too many people got into the space in the past three years who thought of STRs as passive income when that is just silly.

Short-term rentals (STRs) could work well in vacation-heavy areas, but they require active management—considering a co-host or property manager can help offset time constraints.

.✅ Sell to Institutional Buyers – Many large investors avoid compliance-heavy deals, so once issues are resolved, the building becomes more attractive to a wider pool of buyers.📌 Example:A historic firehouse was converted into a luxury mixed-use development—significantly increasing its value without major structural changes.🚨 Red Flag:❌ Waiting too long to finalize paperwork – If zoning approvals or permits expire, you may have to start over.Is Adaptive Reuse & Zoning Arbitrage a Smart Investment Strategy?

@Bret Hudson: I've been a heavy user of both websites you mention and I find your comment interesting.