Legal and Regulatory Steps:Establish an Association: You'll need to create a condominium association and draft the necessary declaration and bylaws (condo docs).City Approval: Obtain the necessary approvals from the local government or zoning board.

They would work enough to pay rent but attend school enough to graduate. 

Property tax is levied by the local municipality and needs to paid by the owner, regardless of where they live.

It might also benefit you to read up on you local laws regarding section 8.

So don't buy rental but keep buying primary locally... you can even double your networth very quickly buy buying broken-home and flip it around. 

My wife is a flight Attendant and would like to become a realtor however she travels a lot and would need online courses. 

Are you out of state or local?

If anyone can point me to specific language in the laws passed that does so, that would be helpful as I am operating under current knowledge that short term rentals can be had with ADU's.That said, since the bill does not appear to prevent local municipalities from adopting no short term rental policies, I suppose they can.

Hey Ashley,Section 8 provides a subsidy to low-income tenants to help cover their rent, with the amount varying based on factors like local housing costs and tenant income.

In my local market, I can still find cash flowing properties in that price range, approx. 100-200 per SFH.