Changes to the lease for stays under 6 months include:-Changes to the move out terms.

A few thoughts on the subject from someone who made a living doing this until the laws changed on the West Coast.Most folks in foreclosure go into deep denial.

Always validate what you read online, things change, I could be wrong, but use this as a starting point in your research.What Is an ADU?

This year, let's prioritize learning and adaptability, recognizing that continuous growth is key to staying ahead in an ever-evolving world.Networking and collaboration will be crucial as we navigate the changing landscapes of industries.

Also look into whether the city has already set up regulations around STR or whether there are potential changes coming down the line. 

The purchase price will likely be <$500K if that changes anything. - Value add - How much does it cost to build additional storage units? 

You are not a borrower, you are not liable for the debt, you may need to sign the security instrument to allow the mortgage to be recorded, but this does not change the above statements.

What's the one investment strategy you wish you'd known when you first started in real estate, and how has it shaped your journey?

More than doubling in one day did change that a bit, but I am glad I have it and hope it is never needed.I advocate those who have significant assets have the protection necessary to protect those assets.  

Screen them as you normally would - does their income substantiate their portion of the rent +/- a little for changes in what the housing authority will pay out?