Short term rentals are notorious for being difficult to finance with a bank as the STR industry is relatively new and not market tested as of quite yet to allow big lenders to consider them investible via a refinance.

Some of the pros and cons for a vacation rental versus a long-term rental, as I would explain to clients, are: Pros: - You can charge a premium for rent - Less wear and tear as vacancy rates are higher - Available for your personal use Cons: - Guests are notoriously more picky than tenants.

Brokers are notorious for numbers/assumptions that don't properly capture the long term cost of ownership, and it's apparent that most of them have never actually owned rental property (oh, forgot, they're just trying to sell something).

It is after all an investment property so the seller should EXPECT you to offer lower than the asking price.Don't worry to much about comps on Zillow......they are notorious for being too high and too low.

This is the adverse possession requirements in NY State: NY adverse possessionHe must have notorious use of it for 10 years and paid taxes on it for just as long.

Disclosure would have been required of me, because the home is notorious in our town, and I would look like I'm hiding something if I didn't disclose.

Contractors notoriously have a bad name and there is a reason for that.My thoughts and suggestions are below:Look for Quality over quantity of bids - Make sure bids are in writing and nothing just verbal.  

I know we normally advise to go to a few to pick off the bad apples but are there any groups that are notorious for being bad or known for being great?

Aprilaire and others like them are notorious for this.

Maybe they're as notorious as Facebook when it comes to moving the goalposts for privacy settings.