@Kitty Walker- As an investor, I've refinanced multiple Padsplits and co-living properties (where we go direct to tenant without Padsplit), and I generally agree with your last statement, with some caveats:- if the renovation is done well, the appraiser may not even say anything that would indicate it is an "abnormal" SFR (has happened multiple times with me)-the investor may be wise not to make the house crazy- just leave a nice open living room, put double doors on the dining room so it can function as a bedroom now but be easy to convert later, etc.  

MANY times cities enact ordinances with illegal fees like this and they KNOW they are illegal but they also know it will take at least a few years for the ordinance to be struck down in court and in the meantime it will serve a purpose for the city.

Buildium is a LTR platform that what looks to be recently added some STR functionality. 

I presume probate court will become part of the scenario.

Which in NY means like 3 months of notices and then a court case and an additional two weeks past that even if you win. 

Third, is that inspectors will often give information about how a home functions and helpful tips for maintenance.

@Alex Stariha Cozy is a cheap option to start with it, but I don't see it being able to scale and provide all the functionality as a true property management software.

Incorrectly treating a property as passive may benefit you and the IRS will absolutely change this under audit (several cases on this).6) No Tax Court Cases Exist? 

The 2 cabins can also function as STRs near GSMNP. 

Hoping all will fall in place, will keep the thread updated.Usually very responsive to get your investment, then you may never hear from them again - or perhaps in court.