However it makes me question everything.Who is maintaining it and why are they failing?

I know this is an old thread but it helped me so I figured I would post this for the sake of forum posterity-Here's the actual law:http://www.justice.gov/crt/fair-housing-act-2Here's the text pertinent to the exclusions: (b)Nothing in section 804 of this title (other than subsection (c)) shall apply to-- (1) any single-family house sold or rented by an owner: Provided, That such private individual owner does not own more than three such single-family houses at any one time: Provided further, That in the case of the sale of any such single-family house by a private individual owner not residing in such house at the time of such sale or who was not the most recent resident of such house prior to such sale, the exemption granted by this subsection shall apply only with respect to one such sale within any twenty-four month period: Provided further, That such bona fide private individual owner does not own any interest in, nor is there owned or reserved on his behalf, under any express or voluntary agreement, title to or any right to all or a portion of the proceeds from the sale or rental of, more than three such single-family houses at any one time: Provided further, That after December 31, 1969, the sale or rental of any such single-family house shall be excepted from the application of this subchapter only if such house is sold or rented (A) without the use in any manner of the sales or rental facilities or the sales or rental services of any real estate broker, agent, or salesman, or of such facilities or services of any person in the business of selling or renting dwellings, or of any employee or agent of any such broker, agent, salesman, or person and (B) without the publication, posting or mailing, after notice, of any advertisement or written notice in violation of section 804(c) of this title; but nothing in this proviso shall prohibit the use of attorneys, escrow agents, abstractors, title companies, and other such professional assistance as necessary to perfect or transfer the title, or (2)rooms or units in dwellings containing living quarters occupied or intended to be occupied by no more than four families living independently of each other, if the owner actually maintains and occupies one of such living quarters as his residence.

Just seems to be poorly done, makes the lot seem smaller, and it's just a lot to maintain.

Maintaining the property is virtually the same as running a household.  

It hasn't been maintained- weeds all over the place.

Try to find a new 5+ unit multi-family deal and try to source a hard money lender or team of investors for financing Pro's:- still have steady income and relatively low debt to value on my current properties and good cash flowCon's:- harder/impossible to maintain 100% ownership; expensive money; difficulties in finding the right investors and or deals to make the model still work with nice high returnsWhew!

The buildings are well maintained and they really go above and beyond to make sure that their tenants needs are taken care of!

It's very easy to get distracted by new deals popping up so maintaining focus on the goal(s) is key!

rental units.Founder and owner of Another Way LLC, a Real Estate Investing consulting company.RealtorsLori and Doug Davis, Centry 21 Over 41 years combined experience selling Real Estate.Sold hundreds of rental units throughout Wisconsin.Actively working with many other residential Real Estate Investors.Work as a team so much more flexible with scheduling.AccountantRachel Lindemann, MBA Owner of HQ Accounting & Tax Serices, LLC Accountant since 2008Currently works with multiple Real Estate InvestorsExperienced with creating and maintaining LLC’sReal Estate AttorneyJonathan W.

I am looking for member insights on log cabins in the Great Smoky Mountain area..Anyone with experience in buying, selling or maintaining a vacation rental in the area can contribute and I would really appreciate any advise.We are planning to have it on a rental program for a few months until we understand the business.Location preferences / do and donts?