They've recently outlawed STRs of secondary dwellings due to a lack of affordable rental housing.

My mortgagor's insurance only covers dwelling replacement.

on top of this, what we found is finding high density allowances of at least 150 dwelling units per acre and taking advantage of up zone incentives through hotel development, affordable housing development, etc. we try to develop the lowest cost per door possible and another way to do that is through micro housing development. raw land we also look for underpriced land that we can raise through entitlements the value. those are just a few of the tools we use in addition to parking reductions and other incentives for tax abatements.

Instantly I can tell the hottest markets from the normal and cold ones, and separately determine which one's I am priced out of due to crazy high values.I'd suggest a similar value-based approach if you have the data to calculate on to identify a few markets to start looking for deals in, but remember this is still too broad of analysis to make a go/no-go decision on the projects you find.

Appreciation Value Buy - (instantly valued higher than my purchase price) - VERY RARE FOR HILTON HEAD!

Investment Info:

Single-family residence wholesale investment.

Purchase price: $40,000

Sale price: $63,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Mark Mil...

They might not require major upgrades, but they can have a greater initial cost and offer instant income flow.Keep in mind that every market is different, and strategies that are successful in one may not be in another.

The primary residence and one additional dwelling unit without any additional requirements, fees, permits, licenses, zoning, or related restrictions."

Search for "Accessory Dwelling Unit" in the PDF and you'll see what I'm referencing.

@Jack Bailin: The new haven zoning code defines the multi-family dwellings as: DWELLING, MULTI-FAMILY: A dwelling having three or more dwelling units.I think you are ok, but if you want to be safe, please check with the zoning officer.