Laws are different for less than 4 units and 4 and up on multifamily properties, and landlords have more control over their property for under 4 units.

Please tell us more about the financing you have lined up - is it a traditional mortgage, DSR loan, HELOC...Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location(s) to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Valid approach, different scenarios. 

Get ready for the move by learning all you can about real estate, how to manage property, different ways to pay for it, and what's happening in the St.

The reason being that the State has allowed the four counties to regulate STRs, and why each county does it differently.

There might be some differences with your capital account, however depending on some things.But overall you just plop the asset with its adjusted basis and historical depreciation onto the new fixed asset listing of your partnership tax return.

GFH is just like a lower version with fewer features that are not sufficient to automate a Short-term rental business.You can also consider using Ownerrez, I'm not trying to run an ad for them right now but Ownerrez is a great PMS, and it has seamless integrations with different rental channels.

I may plan to pivot to a different area in the future. 

Maybe they communicate differently but have good intentions.

The numerator is the actual money remaining on hand on an annual basis, and the denominator is the total amount at the time of purchase of the property.