It’s beautiful there

This house is beautiful and I look forward to living in it.

This is especially true if you can secure an FHA loan for that beautiful 3.5% down.

She is a real estate investor and has been handling my taxes beautifully for the past 3 years. 

So I’d like to offer to buy your property and give you the passive income of still owning this beautiful building.

As of December 2019, there are currently 3 different licenses for renting out properties for the short term on various platforms such as VRBO.The Type A (Accessory) License allows a permanent resident to rent out spare rooms in their property, or they rent half of a double family unit.Up to 3 bedrooms can be rented out (up to 6 guests)Must show proof of homestead exemptionMust get approval from Safety and PermitsThe Type C (Commercial) License allows property owners to operate their short term property as a commercial business in nonresidential districts.Can rent out up to 5 rooms for up to 10 occupantsMust get approval from Safety and PermitsMust obtain a change of use permitMust obtain permitted use in most the nonresidential districtsAt least 1 parking space per 2 guestrooms and at 1 bicycle space per dwelling (25% of bicycle spaces must be long term spaces of the ownerThe Type T (Temporary) License allows property owners to rent out the entire dwelling as a short-term rental for up to 90 days.Can rent up to 5 bedrooms (up to 10 guests)Must get approval from Safety and PermitsObtain a temporary use permitShort term renting can be operated by the renter, but with the owner’s consentThe owner does not need to be presentSince the Type T license has a 90 day duration period, the 90 days can be determined in certain periods or a continuous 90 day period.

After your post I looked into Land Contracts and found that with some simple modifications this met my needs perfectly.I was able to find a number of free Templates online and customize them for the deal type.I am very interested in monetizing the property without destroying it's natural beauty (completely untouched/undeveloped) so ideas like a campground, or cabins have been tossed around.

Ideally you would want to find a single family home that has an in-laws quarters, a guest house, or an ADU (Accessory Dwelling Unit).

Per code the max sqft for accessory structure is 750sqft.

Per code the max sqft for accessory structure is 750sqft.