So far so good and Marco who runs Norada has been extremely punctual and helpful as i've navigated next steps.

This could be a great cash-flowing asset but you're also assuming a lot more risk with this structure.

Thanks very much for your responses, guys - really helpful.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Many people learned this lesson during the big freeze in 2021.   

Quote from @Muhammad Kashif: I would seek the advise of a CPA on this one..

.** Strictly restricting this for when doing comps between properties in the same sub-division **

@Jay Hinrichs You need help with them?

.)- If use the property more than 15 days or 10% of the time it becomes a residenceI suspect this is part of why the STR trend has picked up so greatly amongst professionals working in tech.

Why would an owner/listing agent make this stipulation?