I'm not necessarily opposed to running Airbnbs out of this building if it really is the highest and best use, the numbers work, and it's simple to comply with regulations.

We need to stop including it in rent, it is no longer an easy pass through.When we are pretty sure we have extra occupants, we draft a letter in the form of a 10 day notice to comply (follow your local laws). 

I don’t know how loans are originated in GA, Elvin, -- if a license is required, a broker, or how your lender complies with usury.

@David ScharlerWe charge: $300 non-refundable pet fee$100 refundable pet documents fee (taken off account when tenant complies with all documents we require)If we find the pet in the unit and it's not registered we charge a $100 pet fine (non-refundable) and go ahead and tack on the other 2 fees above in case they want to keep the animal.We don't do pet rent, but some of our comps do between $20-40 per month.

[POST EDITED TO COMPLY WITH FORUM RULES] In a nutshell, he tells you in the book how and why to do all aspects ot the sale.

I’ve had sewer lines fail, ridiculously expensive tree work I wasn’t expecting, hail storms, plumbing leaks that made a unit un-live-able, bad tenants, new city ordinances being enforced I’ve had to comply with, property tax increases, you name it.

I've read the above message a few times and each time I comply with the information, the red banner returns.

We have a suited rental in Cochrane and had to provide additional parking for the lower tenant in order to comply with the towns regulations on suites.

Tenant’s Obligations To comply with these obligations, the tenant must: Comply with all building and housing codes materially affecting health and safety.

@Brian Adams Thanks for the info procuring larger apartment complexes.How much harder is it to build a new complex in a market where the demand for apartments is very high and the rents keep going up very fast.In my suburb, there are three 100+ unit complexes being built, that I know of.  2 of the complexes were recently approved due to the vacant property not being developed for a while and the land being rezoned to comply.