+95% of agents only have experience dealing with owner-occupied transactions - which are mostly EMOTIONAL decision based.You can ID these types of agents easily by asking them:1) If they are RE investors themselves.

During the Rental time, I couldn't claim any depreciation because I made over $150k a yr.

SoTaxes will go up, but depends on how long previous owner owned it.

Then the association passed a rule that you couldn’t rent out the downstairs as an owner, so you had to live there in the basement if you wanted to rent part of your unit and could only rent the upstairs.

I have seen that project and I am a little fearful that it is going to cause price competition and from there it is going to be a race to the bottom for who gives the best deal per night and that hurts every owner.

Profitability can also be enhanced on a sale (sometimes) if we choose to provide owner financing or wrap financing.  

How would an owner financing loan look like if a home is for sale for $399,000?

Surveys are my area of expertise ;)Ultimately, I tend to agree with you that allowing pets, with specific guidelines and screening criteria for good pet owners, will often yield greater occupancy thus allowing you to increase rates.

Now that I have your attention, I want to talk about your and my liability as property owners and what we can do to limit it.  

Hello, I’m currently a home owner and have been trying to figure out how to turn my house into a rental.