We have a clause that serves two purposes: 1.

The big thing is reasonable, you don't want them to just live the shower on 24/7 or a dispute happens with one of the renters and they purposely find a way to mess with you.

If you're refinancing to a business purpose loan that's totally fine, but chances are good you'll need a lease in place for the unit you were occupying so the lender feels confident that it's strictly going to be used as an investment property.

However, for the purpose of a healthy and helpful discussion, I invite you to the the do the following exercise to get the facts first:1.

@Vivian Huang  Town or beach it depends whether you're buying for investment purposes or for yourself or both.I'm buying mostly for investment purposes.

The purpose of the meeting is to discuss their latest STR ordinance proposal. 

I couldn't agree more with defining your why and understanding your purpose before jumping in!

Many of us actually purposefully remove them from our properties before renting them.

We've got 2 clients buying new build to rent homes and just sold 2 new townhouses for STR purposes. 

For illustration purposes, two identical homes on the same block with a FMV of $100K are listed.