The natural thought here is they got a higher offer.

I want to be able to have access to certain parts of the MLS and not wait around for my realtor whenever I want to see a house is my main motivation, but I was in sales before my transition to IT and also had the idea of becoming a showing agent or something of that nature to get me more natural exposure to the market and for a way of networking. 

@Andrew SchraderRental income is passive in nature and does not qualify as a business to sponsor a Solo 401(k) or the type of income to contribute to a 401(k).Schedule E passive income is good.  

From the rough outline that I have been provided, it appears that a condo complex will be ineligible if any of the following apply:- Is transient in nature, offering hotel type services (including those offered by the HOA or management company) such as registration services, rentals on a daily or short-term basis, daily cleaning, central key systems, etc.- Is professionally managed by a hotel or resort management company that also facilitates short term rentals for unit owners- Has obtained a hotel or resort rating for its hotel, motel, or resort operations through hotel rating providers including, but not limited to, travel agencies, hotel booking websites, and internet search engines.- Projects or HOAs that are licensed, or have a designated licensed agent, have a permit to operate, or are registered, as a type of transient housing for the rental of non-HOA owned units.- The HOA receives revenue from, or pays expenses for, hotel type services including a registration desk/rental registration desk, or an onsite rental operator's desk, or a rental website/hosting platformI would imagine, just like in Destin, FL, that there are plenty of cities across the country where there are front desks and management companies running a large majority of the STRs in their complex. 

From the rough outline that I have been provided, it appears that a condo complex will be ineligible if any of the following apply:- Is transient in nature, offering hotel type services (including those offered by the HOA or management company) such as registration services, rentals on a daily or short-term basis, daily cleaning, central key systems, etc.- Is professionally managed by a hotel or resort management company that also facilitates short term rentals for unit owners- Has obtained a hotel or resort rating for its hotel, motel, or resort operations through hotel rating providers including, but not limited to, travel agencies, hotel booking websites, and internet search engines.- Projects or HOAs that are licensed, or have a designated licensed agent, have a permit to operate, or are registered, as a type of transient housing for the rental of non-HOA owned units.- The HOA receives revenue from, or pays expenses for, hotel type services including a registration desk/rental registration desk, or an onsite rental operator's desk, or a rental website/hosting platformI would imagine, just like in Destin, FL, that there are plenty of cities across the country where there are front desks and management companies running a large majority of the STRs in their complex. 

We also do not have a yard due to the nature of townhome living. 

Do a lot of that for the next couple of months; analyze 2-3 deals a night until it becomes second nature to you.

I am passionate about getting out of the rat race, freedom, and nature.

So there are always risks....just the nature of the game. 

One unit can be enlarged from a studio to a 2-bedroom, and we're also planning on converting the garage and part of the basement into a fifth unit.Now, we're faced with a difficult decision.