It would just need to be spelled out for both parties. 

You should think about spelling out in the lease what can and cant be stored there if for nothing else but liability reasons.

Your management agreement should spell out the $$ amount his authorized to do on his own and when he should get you involved.   

I’m looking in Boone, NC for a spot right off the ski slopes to Airbnb. I’m also thinking of moving there for six months or so and using a VA loan to finance the whole thing but I understand that makes vacation renta...

@Kristina Dobyns @Steve K. spelled everything out really well about CO. 

If you are not sure about #2 it would be a good idea to have an operating agreement that spells out how you are supposed to treat taxes, legal matters, exiting the partnership, etc. 

You may have to call and get the "run card" for the property that will spell out all the details they have.   

This is a great place to get a lot of free advice, but just spell out in detail what the problem is, and keep in mind most feedback you get may be from experienced investors but not necessarily lawyers.

However, because of the way data is classified, you see 3 Grove Street's.Grove St with no full stop.Grove St. with full stopGrove Street (street spelled out fully)It is a game of finding the needle in the haystack.

Spell out this is top dollar along with the lookers traipsing through their house, (COVID paranoia is in your favor here) and lenders requiring repairs.#2 What a landlord might offer.