Seems too good to be true, but after reviewing their numbers and deals it's a great investment.

Build an SMB on top of your real estate (the reverse of #2)Short-term rentals and high owner-participation real estate businesses can have great returns.Obviously not for you if you just want passive RE.We are in the deep end here, where each case should be judged on its own facts and merits by your CPA.You should hire a professional to review your particular situation before you make an investment.

But I agree with @Stuart Udis - when making offers on occupied rental property, I always review the Financials including the RR & T12.

If the covenant specifically prohibits renting out rooms or STRs, you may be restricted from doing so.You should carefully review the covenants tied to your property to understand the specific restrictions.

Hey @Robert Carmody, we are only on AirBNB and VRBO and they work just fine.I have been reluctant to do a Booking.com listing due to the negative reviews I have heard from other hosts.Booking.com was geared towards hotel stays, which means your STR gets treated like a hotel room.

A better approach is to network with other experienced passive investors and review the offering together. 

Can anyone give me a candid review to ensure that I wouldn't get burned from this VA company  me and my partner can testify, closing our 2nd for the month in 10days, $11k spread that we anticipate 

An architect can assist you in the initial work to get this submitted to the city for review and approval, and then a GC can pull the permit and work with you and the local inspectors to get this up to code.

I would need to review the contract language regarding title defects but my bet is it could quite easily be argued that this is on the buyer.One option perhaps not considered -- accept the easement and close cash.

We help our clients do exactly that — evaluate properties objectively, stick to their buy box, and make sure every deal fits their long-term goals.If you'd like to see how we structure our analysis or want to review a few sample deals, we’re happy to share insights.