You can specify blackout dates when the property is not available for rent if you wish to use it personally during certain times of the year.Legal and Regulatory Compliance: The management firm will ensure that the property complies with local laws and regulations concerning rental properties, including obtaining any necessary permits and adhering to zoning laws.Maintenance and Repairs: Property management firms often take care of routine maintenance and emergency repairs, ensuring the property is well-maintained and ready for tenants or guests.This arrangement allows you to enjoy your second home for part of the year and generate rental income when you're not using it, with minimal effort on your part.

I thought about it ... then I thought about how I will be losing money over such an arrangement which breaks my number one rule - never lose money .

Realtors often act as intermediaries between buyers and sellers, helping to negotiate deals, arrange property showings, and handle the paperwork involved in real estate transactions.

There are benefits to the arrangement you mention however you would have to put everything in writing and be very careful. 

To start with that, I have some financial arrangement questions:1.

If held by an entity we have found great success in arranging for cash out refinance loans..Let's chat

I've stayed in properties that offer a small selection of drinks or cheeses from local farms but have never seen it scaled to other aspects of the property.I'm wondering if any STR investors out there employ a similar arrangement?

The income from such units is generally not considered reliable.Occupying the ADU: While you could theoretically occupy the unpermitted ADU and rent out the main house, lenders still might not recognize this arrangement for qualifying purposes due to the unpermitted status of the ADU.Permitting the ADU: If possible, consider working to get the ADU permitted.

If you replace it, do not let the tenants have any say in what type or colour of carpet it is and BEFORE you get anyone in to measure or install, get it in writing that they will have the entire room emptied and make the house available at a pre-arranged time for the carpet installers.

This is the problem with taking payment for the last month when a lease can extend indefinitely.This arrangement is illegal in PA due to a court decision 10+ years ago.