I am a big fan of keeping the real hardwoods and refinishing since they handle abuse really well and keep the original character of the house.

Brandon Schlichter Investor from Circleville, OhioNov 24, 12:45 PMVote 346 posts68 votes3 awards ConnectQuoteReport Abuse Just as a reminder, Ohio's bird dog laws essentially require a person to have a salesperson license to be legal.

There must be a lot of money in the business because I am always amazed about how much money he spend on the motel and he tore down a separate house he lived in on the property and build a mansion.As for someone investing who has no experience, I think someone who invests in a hotel or motel should understand that it is a 24-hour business that requires 100% around-the-clock employees willing to work during every major holiday even during the worst weather conditions, storms, or through whatever crises and current events are happening.The business requires several different shifts of workers for the front desk, several shifts of room-cleaning workers since many hotels and motels have guests coming and going 24/7 and they want to re-rent rooms asap, constant room maintenance for plumbing, heating and cooling and the guests come in all shapes and sizes with all sorts of inherent problems when it comes to the things they do both on the property, in the rooms, on the bed linens and then add the dealing with drug addicts, potential prostitution, potential sex-trafficking, potential sexual abuse in general and abuse of a minor, damage to the property, out-of-control parties, lovers having fights on the property and in the rooms, damage and theft to the linens, damage to bedspreads, and damage to the flooring.Since I am a plumbing contractor, many motels and hotels call my company to remove drug addicts' heroin needles stuck in toilet bowls.Before making an investment into a hotel or motel an investor needs to take a serious long amount of time to look at the books to see whether or not business in the area is declining, but since the hotel and motel business is one of the greatest   cash businesses' in this country you can bet that many sellers will make you well-aware that the 'real' income cannot be verified.I did a lot of research for the past 20+ years, looked at more than 100 hotels and motels for sale and declined to purchase most of them due to the decline in sales in most areas they were located in.

I read up a little about NC's interpretations of fair housing law about service animal and ESA here https://disabilityrightsnc.org....and seems like it's very pro tenant and ESA where if the LCSW is abusing his/her authority and the landlord has little say in it.Personally I like Airbnb's policy better, a service animal is trained to assist a specific disability and shall be reasonably accommodated. 

I was browsing Zillow lastnight and found some 3 bedroom condo units within Celebration for under $400k, which has the added benefit of having a bus directly to Disney at no additional cost to the renter, but the downside of a $500 p/m HOA fee.Don't know anything about financing a STR... since i would technically be calling it a vacation home and living there 2 weeks a year - can I still use the rental income to help qualify for the loan? 

Talk about what happens if one of you gets run over by a bus tomorrow - whether that results in a disability or death.

t=vhttp://www.centurybank.com/creditcards/youngadultvisacard.htmlThe key words I used were "Young Adult Credit"Just be sure to read the card agreement, ask questions if you are not clear on something, and to not abuse the credit.I would also recommend reading about credit at bankrate.com and fairissac.com Fair Issac created the FICO score and they are in the process of revamping the scoring with something they are calling Fair Issac 08.Good Luck

There are a lot of facts about your situation that are missing from your story that are needed to make an informed opinion, therefore, I believe it's not reasonable to expect to receive any actionable advice on BP.Since you also write you're in your 70's, I suggest you look for an attorney, or a recommendation from a federal, state, local agency or private interest group (AARP comes to mind) for an attorney who specializes in elder abuse cases.Good luck.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

With the rise in AirBNB and personal vacation home rentals, the IRS had started to crack down on abuses of the above rules.