Dave Meyer, I know for a fact, does not endorse strategies that “explode wealth” and nor do I (aside from house hacking, which is often a cheat code).

One thing that is happening w waterfront homes here is the new seawall code requiring they be at 4' NAVD.

Generally speaking, contractors who are not licensed or, do not want to follow the Boca code, will suggest that you do not need permits.

Additionally, the property I have for sale is located in the 48205 zip code, which I later found out is considered a "red zone."

I replaced all the wiring to code with 12/2 & upgraded the panel to 200amps $2800 in materials.

In Massachusetts, towns are passing energy codes that increase the cost of housing.

And I would get these folks calling me all saying they were cousins of the shah or some shirt tail relative  which was code for they had a lot of cash.so I started showing one around in particular bought him lunch a few times and he always ordered the most expensive whatever ..

These are professionals with additional training and a stricter code of ethics.

There is verbiage in Section 11.131 of the Texas Property Tax code that states that exemptions only apply to residence homestead, defined as the portion of the property that is occupied as a primary home.

As mentioned above check your local laws regarding STR, occupancy, building code etc.If good on the above, then figure out your cost.