Just being zoned for a use may not impact the rates on your policy. 

I love working with midterm rentals as they bring more income than long-term rentals and higher occupancy than short-term rentals while maintaining similar rates.

Consistent reminder of paying rent, automatic charging of late fees and ability to add addendum for changes in lease agreements.

Friends of mine do really well with cabins in the woods there, and stay pretty booked in the winter (for low rates of course), but they've had the homes listed for years.

.- Consult with a real estate attorney: While you're right that legal fees could exceed $6k, a consultation could provide valuable insights on your liability and options.- Review your insurance policies: Check if your flip insurance or any other policies might cover this type of situation.- Communicate with the county: Try to negotiate with the county officials.

The capitalization rate, or cap rate, is an invaluable metric that quantifies the expected rate of return on commercial investment properties, like apartment buildings.

Add 4% from appreciation (with no leverage you return equals the appreciation rate, note at 80% LTV the 4% appreciation equates to 20% return) for a total of 11%.  

Also, it is a flat fee regardless of how much you send or receive.

Additionally, if working with condos or townhomes, some utilities are included through the HOA fees.

We'd be buying at market rate, but this means we could get Seller Carryback financing at 0%.