Quote from @Travis Biziorek: Quote from @James Wise: Quote from @Travis Biziorek: I own and operate a STR in Detroit and this is the first I'm hearing of this regulation.I'm not convinced it exists.

Fed's can talk all they want about "creating" however millions of homes, it changes nothing unless Harry Potter comes into office and shezams them into existence. 

It may impact someone who already has an existing respiratory issue, but it won't cause illness in a healthy individual.I recommend inspecting the property and determining the source of moisture.

Consequently many inexperienced investors make investment decisions based on where they can afford to buy, not necessarily where a good investment thesis may exist. 

Am I, as the owner, responsible for pests that may or may not exist outside of the house and are brought into the house by the Tenant's dogs?

For existing companies, individuals who own at least 25% of the entity or exercise substantial control over it must submit BOIR to the Financial Crimes Enforcement Network (FinCEN) by December 31, 2024.

It is cheaper with better financing to purchase a property with an existing ADU than add one.  

@Jay HinrichsSorry, I maybe misstated...we negotiated it to cost the asset (house)zero...the taxes still existed, they were released from the property because our lien was so substantial of a loss via our first position there was no equity for them to stay attached to...did that make more sense?

Ronald Rohde   It does exist. 

New construction has a very different risk profile from buying existing properties and fixing them up.