Anything over that could mean that the property is overstaffed, or it could mean that management is delivering a very high level of service such as in a luxury property that has a doorman and all sorts of staff that you don't typically see in garden style apartments.

I believe they changed the guidelines years ago on the amount of seller assist you can receive on an FHA loan, so I’d look into that with your mortgage company before making an offer, but definitely use that to your advantage when writing an offer!

Once we receive notice, in some sort of writing from the tenant, we move forward.

BP should have him write the co-living book. 

I'm writing this in December 2024, when every other question asked on the Bigger Pockets tax forum is about STRs.

Hello everyone,I am about to start writing out offers and I wanted to know the general opinion on how to find proper comps in the area when calculating ARV.

Thank you so much for the reply I’ve been writing down by 2025 goals just because right now isn’t my time doesn’t mean that my time isn’t going.

Do we get an attorney to write this up for us?

Take AirBnB as an example: no one previously thought that a mass market existed for homeowners to let strangers in their homes, or for strangers to rent their space hotel-style.

The strategy that I recommend is going to differ from the responses that I see at the time I'm writing my response.1.