The restriction in Draper is nothing shorter than 30 days, and Lehi’s is that rentals the owner has to live there for 185 days a year, which we would not be.

Plan on developing these into rentals and/or lease options/ owner carry.

You sign a contract that you owner occupy for one year on second home/ or any owner occupied product.

When I have purchased non performing notes I have attempted to contact the owner of the home.

Owner has a set time period to pay the back taxes that you paid back in full or they lose the property.

The owner (87 years old) passed away at home peacefully.

Or maybe have a squatter coming in on a down week and taking over.Or maybe you like dealing with folks sleeping in your back yard or having a derelict RV on the street in front of your house.I am being a bit hyperbolic of course, but our area isn't owner friendly at all and it is getting worse.

Permits: I think you should look into Poconos Association of Vacation Rental Owners - they are the STR owner's "lobbyist" for regulation in Poconos, and are spearheading the meeting with the township on the 20th.

Terms can be whatever the owner makes them / you negotiate3.

Might be a slight consideration for some owners.