As remote work is more and more common, many professionals look for a home there.

A common bit of advice seen on this site is, "Don't spend $20K on a mentoring program when you could spend that money on your first deal and you'll learn much more."

A common scenario would be to pay a penalty if you sell within the first 5 years starting at 5% if you sell in the 1st year down to 1% in the 5th year.

On the OR Coast the regulations have grown 10X in the past 5 years, but there is still significant opportunity, particularly for initial owner/operators. 20%+ CoC is still quite common for premium Coastal STR's. 

I think there is a common misunderstanding that licensed contractors cost more.

That being said, I think it's just a common sense to avoid pitfalls to the extend possible and not give anyone, especially unscrupulous, unethical buyers and some overzealous gov attorneys a pretext to fine me into bankruptcy and portray to public as a "bad guy" (so they can avoid going after real bad, big guys that lobby and hire them for their own nefarious purposes).

As in the common rent for properties of the same size that you can put a box around on a map. 

(If there is a PM, who will manage the PM and the oversight).Who will take care of the partnership return or forward the tax information if its a tenants in common property.Best of luck

@Phil SheltonYou would need a civil engineer to provide a drawing to get submitted to zoning and get a permit if it passes zoning is most common This also depends on the road - if it’s a state road forget it as it will take a year to get approved and cost a fortune - if it’s a local road process not as cumbersome but don’t expect this to happen quicklyIn some instances you may have to prepare sight distances etc to make sure it’s safe to add a curb cut

The only exception I use is when the property is a high-end unit.Informative title makes your property look like a cheap business but it is still way better than common titles like cute, adorable, cozy.If you are charging over 1k per night, I think it is better to give more high-end title like Stay with 30,000 trees, tingle your inner artist with lake front retreatJust my opinion :)