If we were not able to raise the price of our homes by 20% or more we would had to stop.. my LORI plan started at 600k sold two of them and made our normal 100k net.. last loris I sold 36 months later went for 850 to 900k and we made right at 250k NET on those ones.. so it was very specific to plans that CASH buying empty nesters wanted ..

However, if they are still considered a short-term guest under lodging rules, you may have more flexibility, though the specifics can depend on local regulations in Seattle.Since this can become a legal gray area, I recommend documenting all agreements, payments, and communication with the guest.

Was your QOZB designed for a specific state/city, or was it structured to operate more nationally?

If you have specific questions about property management, I'll be happy to help!

It's important to have the advice and perspective of an industry old-timer, in my opinion.The sponsor and specific deal she highly recommended to me back in 2017 should have never passed any due diligence check both from a sponsor point of view and deal point of view.

I am specifically looking in Essex county, MA because I want to house back close enough to my current W-2 job.

However, I'm unsure of the specific areas within these states to target.

Houston STR definetly has a more specific need.

There is no specific amount of days either that the guidelines call for that you occupy the property.

Hey @Ashley Kroft I love using Pricelabs feature of creating a comp set because you can really drill down to the finer details of what others are doing in the market, in your specific area.