Longer version told in Bigger Pockets Podcast #82David KrulacBigger Pockets Podcast #82

Hi Steve,I am certianly no expert but I believe the P&S agreement on a Sub 2 is not necessarily entirely different to a standard P&S agreement but I have seen Sub 2 versions to have verbiage such as the excerpt in the sample below, in addition to all the other standard clauses/ sections - as with anything, I would suggest you run this past your attorney to confirm it works in your state/ for your needs.

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEI will provide details below, but here's the short version for those who hate to read or do math.

It must meet the requirements per the building code IRC (I think Massachusetts follows a modified version of the IRC) you must provide the required amount of light, air/ vent, and egress.

We follow a version of EOS so we have yearly goals with quarterly rocks.

We actually were one of their first clients when they only had the dos professional version.  

Do you have access to the paid version of airdna to find comparable properties that are cash flowing at 500-650 a night? 

Short version, most people who treat it like a side hustle fail because they don't have enough time to dedicate to it and trust others when they shouldn't.

Honestly, the screening part is the worst and effectively demands landlords violate fair housing by requiring that you evaluate things like evictions "holistically" (i.e. preventing landlords from having consistent policies that treat each applicant the same.That being said, the bill is better than the original version at least.

And if you look at the bottom of most MLS listings, there is some version of "Buyer beware".