What your mentioning about their awards and reviews tell me is that they're great business operators, which is great for your investment.

Build an SMB on top of your real estate (the reverse of #2)Short-term rentals and high owner-participation real estate businesses can have great returns.Obviously not for you if you just want passive RE.We are in the deep end here, where each case should be judged on its own facts and merits by your CPA.You should hire a professional to review your particular situation before you make an investment.

If so, review it to ensure it matches the estoppel certificate4.

This is the most thorough review and feedback I've seen!

But I agree with @Stuart Udis - when making offers on occupied rental property, I always review the Financials including the RR & T12.

I say we skip the fines and just burn them at the stake, then leave the bodies on pikes as warnings for those to come 🤣🤣🤣

I haven't reviewed the Standard Lease Agreement yet, but all I need is the right to sublet, and possibly some negotiated capital responsibilities (owner pays for repairs over a certain amount or split responsibilities on certain expenses).

When we review what is RICO charges.... 

If the covenant specifically prohibits renting out rooms or STRs, you may be restricted from doing so.You should carefully review the covenants tied to your property to understand the specific restrictions.

A better approach is to network with other experienced passive investors and review the offering together.