Hey all,We are currently dealing with the City of Phoenix about the classification of a property that we purchased as a single family home with an attached casita.

A lender looking at the property this way will care less about the classification and more about the income.

This might not be possible due to variations in appliances, but maybe swap out your perfectly functioning fridge from your home with his "leaker". 

I am sure there is no way to truly know everything that would have to be repaired but in your experience, if you are limited on cash reserves do you focus primarily on functionality rather than curb appeal? 

As lender you function like a bank. you can always get your own lawyer.

If you are planning to stay in the home for another 2-3 years, and your current appliances are fully functioning, then retaining them is probably the best move.

But for other Airbnbs with a less cohesive brand/ consumer experience I wouldn’t imagine the car actually adds to the home’s revenue … instead it functions as a separate revenue stream altogether. 

Sure, certain functions can be automated, but others are going to require fairly frequent interface.I bought my first cabin near Gatlinburg in 2005, right at the peak before the financial crisis.

I've never personally run into this 'bed and breakfast' classification issue - and it sounds like something that would be determined by the appraiser.

In other words, (hopefully this would never occur but) if Russia nuked NYC, would both the United States financial system and the worldwide financial system cease to function?