Hey @Robert Cucino, you should just buy what you want and move ahead.Nothing we say is going to deter you obviously.Just hit up AirBNB and VRBO and see what others are charging, occupancy and amenities, then get it.Good luck with your project!

@Homero MatzenbacherWelcome to BP!

Welcome to Bigger Pockets.

If you buy in a place you want to use, you just have to make it pay for itself and sometimes you can do that in one long stay when you are not there.

Some might ask, "who is going to enforce this?"

It is solid to look at deals that are off-market and know that the ability to buy it at a price and either hold it or sell it will be coming with less competition on the purchase and more upside.  

Purchase price: $285,000 Cash invested: $135,000 Side by side 2-family properties (4 units in total), which needed either updating or a full build out.

This is what I would be doing and disclosing to the people looking to sue. 

This is an example of someone violating law to make more money, and it could eventually come back to bite them.

As of this morning, WSJ Prime is 7.75%, so I would expect the rate to be over 8% at the very least.