I'm sure that's exactly what happened and why they changed the rules.  

Does it fall under the same rules as large buildings where owner/occupant buyers won’t be able to get a loan because half or more of the units are rentals?

Purchase price: $280,000 Cash invested: $125,000 Acquired on the market, this 4-unit rental needed a full remodel, creating a perfect BRRRR opportunity.

Given that we are accountants we cannot self promote on BP as its against the rules. 

If your leases are > 30 days, you probably won't have to follow the 3 off street parking spaces rule.

The road is not in, the water main not installed, the sewer main and laterals not installed, etc.Just having the engineering done, and the plan approved, adds significant value to the land, and makes it attractive to a developer who now, doesn't have to go through all that work. while in todays day and age yo would need all those approvals to create a paper lot.. back in the olden days paper lots were created by simply drawing them on a map with zero engineering they did survey though.. and there was no thought given to reality of actually building them or providing services.. 

Regardless, it’s this yo-yo’ing back and forth of rates that creates a real estate cycle that is extremely difficult for homebuyers and the market to absorb.

We need to have real solutions that protect property rights while creating safeguards for community residents.My second biggest issue is that we are not putting in place a policy that is aggressive enough to create new communities.

Don't be the one who breaks the rules and makes life hard for everyone in the STR game. 

Hi ,when buying your investment property, do you put your LLC business code under real estate or property management?