Regulations:Given that New Orleans has strict rules for short-term rentals, make sure to fully understand the local zoning laws, STR permits, and licensing requirements for B&Bs.

They got all necessary permits/approvals, etc. and House looks structurally sound and pretty good. 

Obtain permits and approval from neighbors to build 5.Hire GC to build home 6.

The cost to get it permitted could be costly.

You’ll definitely want to dig into the zoning and permit requirements for your area to get a clear picture of what's allowed and what the associated costs might be.Also, don’t forget to factor in things like parking and whether you’d need to add a kitchenette to make it a viable short-term rental (STR).

One that has strict STR permitting with exceptions for owner occupants would be a bonus.

Also, we permitted you to have one dog.

I noted the year-over-year increase in STR permits, the decrease in average nightly revenue, and the sentiment that economically-incentivized sellers would flood the market after this winter season (effectively increasing housing supply and decreasing prices).

Many cities in the NW will require a permit to cut those down I know where I live you cannot cut a tree without a permit and you need to get an arborist to write a report that the tree is a danger. from what i see I dont  think the arborist would need to go on the other property to do a report but leaners can stay that way for years and years. 

Our bids ranged from $10k to $25k for the same scope of work with permits.