Typically those are a google away, however, if you think you are starting to hone in on an interesting area, it's worth calling the CIty and County, as well as a couple of local well informed realtors, to make sure you didn't miss the governing laws in your research.

The bank lends you $170K which only covers the 85% and you are required to bring 15% or $30K to closing "PLUS" closing costs unless you get a seller credit.On a typical loan the Bank/Lender does not cover anything related to repair costs, utilities, or closing costs.The seller can contribute up to 2% Max on an investment towards closing costs so again on a $200K purchase they could only offer $4K.

Most each real estate syndications (group investments) go through a progression of stages.All should have a clear beginning, middle, and end.Here are the 4 phases for a typical syndication deal:Phase 1 - AcquirePhase 2 - Add ValuePhase 3 - HoldPhase 4 - Sell 💰The sale is arguably one of the most important phases!

When you break down the HOA fees vs a expenses on a single family home, you typically see comparable numbers with the exception of amenities maintenance, which as you have already suggested, can drive up income & demand. 

We have experienced the oversaturation here like most places, and a couple months this winter RevPar off by 20-30%, but picking up now, and expect peak season to be full as typical. 

Building a financial cushion for unexpected expenses is essential for successful property investment.Remote Work and Relocation: Your ability to move freely due to remote work aligns well with your investment plan.

We advise clients on DSTs and the typical profile of a DST investor is someone that's older/looking to retire and go from active ownership to passive investor.   

Examine the rental market in the region you want to target and make reasonable financial estimates to make sure the property can pay for itself.General Advice for Your Real Estate Journey:Local NetworkingMarket ResearchReal Estate EducationFinancial PreparednessUltimately, whether you choose to invest in Manhattan or explore opportunities out of state, careful research, local knowledge, and a clear understanding of your investment goals are essential.

So rent would stay the same as our current place - and I'd have two rooms essentially cash flowing. 

Understanding these rules is essential for investors seeking to capitalize on the short-term rental loophole while maintaining compliance with tax regulations.