Our place is near Los Angeles, so we figure their might be interest for vacation or for discount lodging.

In NY the rents are primarily dropping for luxury buildings and the sale of luxury condos has dropped as well.

If you have a lux rental it might be worth purchasing carpet for a bedroom but the cost will be more than the new Luxury Vinyl Tile(LVT)  Floors which are so popular now for durability.- but be careful, the low end ones do scratch!  

I definitely think they are lying and that they are possibly wanting to pursue me for a few nights of of lodging and damage to their stuff, though our lease is pretty tight in that regard.

Pools are also not permitted with Streamline OptionFull Repair OptionMinimum of $5,000 in improvements203k Consultant is requiredFHA Approved Single Family “construction manager” who oversees and inspects the rehabilitation work from start to finishNearly any type of repairs is allowed (luxury items are not).

All the developers are building luxury homes that the average person cannot afford (nor does he want to). 

However, on a SFH unless there is extensive land improvements, and fixtures, appliances, and the like (found more in luxury rentals), usually around 10-20% of the depreciable basis (purchase price minus land allocation) can be 'segregated' to 5 or 15-year property.

My clientèle doesn't really care about luxury or high thread count, they just want to dry off after a shower and drink beer.

Connect with me and I can send you his info...his name is Matt and he is the owner of Lodge Financial.

Came across Dallas Luxury Realty and people seem to be extremely happy with them from a buyer, seller, and property management standpoint.Has anybody on BP heard of them or had experience with them?