Ask me about Buy & Hold strategy, Denver real estate market, the Colorado food scene, and making fancy cakes :)🙌 What are you most looking to get out of BPCON 2024I'm excited to meet people IRL and also take a breather by the pool!

.-- If you're the lessee (and not the deed holder / owner): COH will require written consent by the owner to the use of their property as a        STR and to accept liability for taxes if the STR operator does not adequately remit Hotel Occupancy Taxes (HOT) as per local                         regulations. laws—a responsibility most owners will be reluctant to accept.-- Expect a grace period of two months once the new regulations are enacted into law.

@Fang Li  When you say the "seller who deals in off-market properties" I immediately question whether the seller is a wholesaler and not the deed holder.

There has been a run on gas and food, and schools are closed for the week. 

In my free time, I'm a wine/food guy who loves to travel. 

The lady refused to talk specifics [because I am not the mortgage holder] but she said that the property has 300,000 in mortgages.

If I were to buy anything once my reserves are where I want them, it would be gold to hedge against inflation, which we are already seeing in food.

This is why agency loans have more restrictive yield maintenance, and defeasance prepayment penalties (they don't want you to immediately jump ship, and leave the mortgage bond holders handing).

If someone ends up with food poisoning or a trip to the ER because of their peanut allergy I don't want it to have anything to do with me.

Thus, leaving $60,000 available for the note holder to claim.I did not sell the note to Ben (who offered me $30k for it which again another red flag).