Throw in that you can dramatically increase the value of the property once you show consistent rent rolls much higher than when the space was used for LTR, and you have a big win. 

So again I'm able to do that because I've built a life around real estate and it takes time a resources to consistently get deals like that.

The first consists of the general exemption, which means the sponsor just complies with the definition as defined by the SEC.  

Focusing on what you can control, like consistent effort, really sets the foundation for success.

There can be dream deals, there can be good deals, but you cannot consistently deliver those kind of deals. 

Also, I’ve noticed that the unknowledgeable persons who are most likely to be suckered into spending time and money on these “programs” all have a basic gullibility that leads to them making comments that have remained remarkably consistent over the last 40years.  

Ofc I am not on the committee but from watching, the grandfathering of existing units has consistently been on the plan to allow existing STRs to remain operable.

As I found out later, that couldn’t even come close to what was needed, and Chris knew it.The next two weeks consisted of frenetic work by the second contractor and his crew of three.

(I recently saw an article in Forbes talking about the Bay Area’s shifting market) And if you aim to hold properties long term, keep your eyes on towns around the Bay that have had consistent rent growth.Here in my home market of Phoenix, I see investors branching out to places like Austin, Chicago, and even Omaha from what Ive heard because they recognize how trends can shift quickly.

So, the rulings aren't necessarily as consistent as you would hope. 2.