We also lowered the rent $50 to recreate interest after it did not get rented in the first 5 weeks.The next 2 showings both had positive reviews and we now have a renter.

I use it for family recreation and it's definitely hobby status.

I was raised in the land business.. so i do love it.and land used to be the turnkey SFR of today... its what investors many times started withthen the other motivation was to buy the land to one day build a cabin and retire on it.or for other recreational purposes.

I have a question for you - I’m looking at a non recreational RV Park that also has 5 MH.

The area is a recreational paradise.

,Perhaps the question would be whether a "recreation room" with a full bath would be considered "habitable" space.

Don't re-create the wheel.11. 

All -I have a unique opportunity with a company acting as a property management company, who happens to offer luxury accommodations for cannabis retreats in legal recreational markets (think STR/LTR property management firm). 

owner can't live in the unit unless there is separate CofO for it. some exceptions are allowed by banks/lenders, such as a large family buying a one family house with mother in law suite but once sellers starts dishing out cap rates, they better be units with CofO's equaling the number of units quoted caps for.easiest way is check the zoning for that address with LA. obviously a triplex in a R-2 zone has an extra unit that cannot legally be rented but can be used for recreation if permits were pulled for the extra bath and/or kitchen. likewise, department of buildings should be able to confirm if the property is a legal 1, 2 or 3 or whatever with a simple phone call and for some cities in LA county, online.

the 2nd association it resonates is the highly consumption-driven society we live in. in my area (coastal, urban southern california) i'm surrounded by 2 distinct lifestyles. there's the majority: seems like 95% of the local population who are renters, driving luxury cars, sporting fancy clothes, jewelry, hairdos, etc but obviously living paycheck to paycheck as exemplified by hardly a day somebody or the other is spotted  getting their car repo'ed by a camera crew. the rarer are the landlords, who in this area seem to be of mostly asian demographics (chinese, koreans, japanese) who live obviously very frugally: old 80s model sedan, oldfashion business cloths, always eating simple meal from home, seemingly never splurging $$$ other than into expanding their portfolio), my observance is relatively very few landlords in the area own relatively huge portfolios, each.with the advent of these infomercials and the internet (ie, BP) more and more people want to get a 'piece of the REI pie' and more power to them. there does seem to be this dream of rags to riches and while its ok to dream, do most people actually expect their life to turn around like that, as portrayed in most of the infomercials or even in the everyday setting where the masses living paycheck to paycheck, are spending their last expendable dollars not on depositing into savings acount, but blowing $20 on scratchies etc. in summary, is my observation reminds me of my days when i worked on wall st and the 'ra trace' was so obvious with dime a dozen stock brokers makin 6fig salaries at some point but blowing it on recreational drugs apparently costing thousands of dollars a pop to the point the next week they are broke again and that $ wasnt invested but wasted.