Having this well defined and in place helps you screen out more folks and lets everyone know what the requirements are, no discrimination or favorites.Pre Screening the folks that live in your properties carefully makes everyone benefit.

And neither of our STRs are low rent houses either, quite the contrary.....OP, I wouldn't stress or over analyze this aspect...of course, plan and keep track (I used an Excel spreadsheet to budget this), but don't even start to obsess about this aspect of the business....it's a nothingburger....

From what I remember: you can evict so you or a close family member can move into the unit (close family member is defined) or so you may do a major remodel or rehab of the unit.You are also required to give them a certain amount of free rent as well as 60 days notice.

Im fascinated with the depreciation aspect of real estate and I have a question.Lets say I own a few different non-real estate related businesses.

There are just certain aspects they cannot understand.

If you look into bigger single family in the resort/vacation communities, that is where you will separate yourself.Getting into a 5-9 bedroom home can significantly decrease the supply aspect in Orlando.

By defining that niche it gives my a huge edge.  

And what are the details of this aspect to consider?

I am most interested in historical data on multi-unit residential, but I would be keen to see any aspect of commercial or residential real estate.  

CPA - Kevin BassettLawyer - Norm PraetBoth are extremely knowledgeable about all aspects of RE investing