He seemed to think that it was likely the Council would not approve my application for the special use permit simply because they didn't have a plan in place to regulate STRs and wouldn't want to open that can of worms.Because we are not willing to do business in a city that cannot give us a license we sold the house and found one in the county that did have a process in place, and now we are approved and in business.Moral of the story is that just because a city does not have any restrictions against STRs does not mean that they actually have a process in place to license them.

He may sell it after a while but right now he's enjoying the profits.

We are in a very affordable month-to-month apparent right now.

Since its my first flip, I wanted to see first how it goes and then if I decide flipping is something I enjoy doing, then for sure set up an LLC.

We are local agents.  

He is currently not a homeowner and we are thinking of using his FHA loan.  

Folks are getting quotes from 3-4x what we are quoting so there is apparently a lot of money to be made here.

We are happy to help you in any way we can. 

We are talking thousands of units here.

@Walt Dockery Yes, We are going to move to having yard care included for sure.