You need to live within 50 miles of a unoccupied STR, you need to be living there, lottery system for new permits and you don't get one, STRs are banned overall in certain zones, HOA votes to disallow STRs.

Ideally, you want several employers to spread the risk associated with a dominant industrySupply and DemandCensus.gov under the “Selected Housing Characteristics” tableDetermine by analyzing the five-year rental vacancy rates and median rental rates in the market, as well as the year-on-year change in the number of building permits created for commercial properties (five or more units)The number of five or more unit building permits won’t tell us much on it’s own.However, a huge red flag to you would be when you see an increase in the number of permits in combination with an increasing vacancy rate and/or a decrease in median rentsAs vacancy increases, median rent and new building permits should decrease… and vice versaBest Case:Low or decreasing vacancy rates and increasing median rentsDecent Case:High vacancy rate that is decreasing Stagnant vacancy rateWorst Case:Increasing vacancy rate and/or decreasing median rent An increase in the number of building permits (5+ units) in combination with an increasing vacancy rate and/or a decrease in median rentsMiscellaneousResearch Other Characteristics relevant to the strength or weakness of a marketExamples:Landlord vs. tenant-friendly state?

Don't forget to pay the $10 sales tax permit fee.

Basically, that's it, but it's not really basic when you set the agreement up, let the contract for repairs, agree to materials, get permits, list the property, vary the price in selling and closing the deal.

I need to know what requirements we would need to build and run an assisted living community including: -Licensing requirements-building requirements-What grants, perks, waivers can be absorbed-facility requirements-state/federal requirements-safety issues/requirements-permit requirementsAnd anything else that would be geared toward an assisted living facility.Where can I find this info out?

According to the press release, "The policy change will permit buyers to use FHA-insured financing to purchase HUD-owned properties, bank-owned properties, or properties resold through private sales.

If it is a service change and they dont need to fish new wires, you should be at about +/- 1000/unit with a permit.

I would go with the permits.

Need a permit to rent which includes the name of the tenant, need a permit for a vacancy, contractors need to be licensed and registered with the city to work in the city.

Also check the City's online Zoning Archive where all the history of the buildings permits and prior use and occupancy usually is located.