Typically, structures are grandfathered under old codes and zoning in which case it would be called compliant, but non-conforming. 

There are a lot of websites that offer the course online, or if you have a college near you, they also typically offer a class that satisfies the pre-licensing requirement.

While short-term rentals in areas like Kissimmee, Florida, can pay for themselves and offer lifestyle benefits, the ROI typically doesn’t match what I see from my traditional portfolio of long-term rentals in North Texas.That said, short-term rentals can still be a great choice, especially if you're drawn to the area and the opportunity to combine personal use with investment income.

It is typically lower than cash-on-cash and you can put it somewhere around 6% conservatively.

I typically focus on off-market deals, so I didn’t work with an agent to find this property.

These properties typically turn over once a year as they are mostly student rentals. 

I researched commercial construction careers, and found a construction degree is typically required.

What are your demand drivers? 

We typically do 4-5 years interest only while paying down the principle balances over time.

Typically a solid GP would reach at a 2x multiple in 5 years, taking your 500k to 1MM.