“Dwelling unit” means a structure or the part of a structure that is used as a home, residence or sleeping place by one or more persons who maintain a household, together with the common areas, land and appurtenant buildings thereto, and all housing services, privileges, furnishings and facilities supplied in connection with the use or occupancy thereof, including garage and parking facilities."

Built in the early 80s and very little to no capital improvements since then, the property currently sits at about 50% occupancy.

What I would caution is to model higher occupancy earlier on in your pro forma before you get reviews etc to get the traffic.

They want occupancy May 1. 

I'm also doing some research in this town how the rental market performed when the recession came through and what the over all occupancy rate was around that time as well as in the last five years.

Definitely a big draw to seasonal/touristy type of areas, and the higher price can be passed on from you to your occupants.

Use our mobile app and our Explore feature to visually see owner occupancy, equity, foreclosures, etc for every house around you while you are driving for dollars.

This is a 60 days notice to vacate for personal occupancy.

We see on the auction websites "Owner occupied, buyer assumes occupancy status."  

It's more of the areas desirability from the stand point of a potential renter or owner occupant.