Quote from @Joy Daniels: As a short-term property manager I've seen how this industry changes so often—new guest trends, tech tools, and regulations seem to pop up all the time.

I was ready to submit an offer, but I called my GC first, and he strongly advised against flipping in Coronado due to the strict permit requirements.

Unless this is strictly a student housing for IU play you would want to be extremely hands on to make this work in my opinion.

For Owner Carry-Back, what are the guidelines or rules/ regulations that should be followed? 

Quote from @Austin Ralls: Good evening BP Community, Can anyone shine some light on the rules and regulations on striking conversations with local pros and acquiring more PML to help fund deals? 

Staying ahead of the game by understanding how local regulations align with state bills like SB-9, SB-684, and SB-423 can open doors to exciting development projects.SB-9: Simplifying Lot Splits and Duplex BuildsSB-9 streamlines the process for lot splits and duplex construction, offering a straightforward way to increase property value and expand housing options.SB-684: More Flexibility for Smaller ProjectsFor urban lots under 5 acres, SB-684 makes it easier to pursue smaller housing developments, transforming overlooked properties and vacant lots into productive investments.SB-423: Faster Approvals, Fewer HeadachesNo one likes endless waiting.

So, here’s my question.. do you think you’d be more comfortable taking the DIY approach with strict guidelines, or might a property manager give you the peace of mind you need?

I am happy to help, do you strictly do deals in PA? 

I use strict / flexible cancellation policy.

Popular markets often include beach towns, mountain retreats, and areas with strong tourism.It’s also important to research local regulations, occupancy rates, and management costs to make sure the numbers work.