If it is only one flip for now, I suggest you find a CPA just to advise you on State filing requirements, ensure you are claiming all write-offs and issuing 1099s, etc.

That doesn't mean that they won't go back and re-write it to work.So, get with the city (cities) and see where you can actually have a STR.

Really about growing a strong portfolio of solid deals.Now that being said, if you are a high income earner, well qualified, and can't find reasonably good deals: (i) you can connect with a well connected real estate agent for off-market deals; (ii) you might do a very narrow cost-effective cold call or letter writing.

The homeowner insurance market right now is a dumpster fire with carriers refusing to write business and creating incredibly tight underwriting guidelines.

This should put in writing what the fees will be.What is your maximum LTC and LTV?

Whatever it may be, WRITE IT DOWN!!!

They look at the property when they are able and can write on the property at that time.

I think having it in writing from a plumber would help this case a lot.

Functionally, it operates as a 2-story home since the downstairs area has multiple windows in each room and plenty of natural light.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!