Current Financial Snapshot:• Savings: A solid mid-seven-figure amount currently invested in the stock market.• Primary residence: A 2-bed, 2.5-bath townhouse purchased in 2020 with a 2.75% interest rate.

We don’t have everything figured out yet, but we have a budget of around 300K to invest.

Moving walls usually requires figuring out what is or isn't load bearing and likely putting a large and usually expensive header.

I also want to purchase and repurpose unused spaces around various metro areas myself someday and I figured what a great way learn by helping someone else succeed.

I figured if they collect anything at all, that is better than nothing.  

Whether they’re navigating their first deal, figuring out how to structure financing, or learning the value of patience, my clients gain confidence knowing they have someone who’s been there.

Might be worth chatting with a CPA or attorney who specializes in real estate to figure out what works best for your situation.

@Kevin Collins I apologize; my response came out a little rough around the edges and I assume that you certainly have done your homework prior too.... but that is a bit of my point... nothing will change when you go and work with a realtor and find investment properties yourself... figuring out what the property is worth IS PART OF THE ANALYSIS (if that's important to you) and because of this it is no different than other than you should now be verifying what the realtor will tell you it's worth as opposed to what the turnkey is telling you. 

That kind of restriction just doesn’t work for someone like me.I’m trying to figure out if I might be missing something in how I’m approaching this or if others have insights or examples of towns that not only allow STRs but also have laws that offer enough flexibility to operate in the way I’m aiming for.Many towns technically permit STRs but impose restrictive rules like membership requirements, ownership duration limits, or rental day caps, making operations challenging.

It has sat empty for the last 20 years but the current owners have completely gutted it, have bids from contractors they're willing to share, cost estimates etc. and have had lots of inspections done and so much pre-work with the city and county to figure out what they can and can't do, so a solid plan is already in place.