Lastly, you should certainly check with the township as to wheather they have any restrictions or direction on this (they most likely do) so you certainly want to abide by them.

Also no last minute bookings, no one under 30 and no one night stays.

I joined last year with similar goals to you, and have learned so much since then through engaging with the community.

For you investors that have ordinary income to write off let me tell you the greatest secret to minimizing tax liability, Cost Segregation.When coupled with zero down seller financed purchases the numbers get crazy.These numbers below are one of two parks I bought zero down with seller financing last year.This one park one year is a $140,834 write-off equal to $40,842 in tax savings and the second park is $14,000.I am projected to save almost $60,000 on two community purchases that I don't have any of my money invested into, they were true 0% down parks.Don't kid yourself, real estate is the best investment opportunity that exists.

I hired a project manager who was checking on his work once a week.I decided to fire him last sunday after sending someone to check on the floor which was in terrible shape.

To use as a 3 family, there would have  had to be a use permit issued and a rental license active within the last 3 years.

I have seen an incredible amount of houses being built but not all of them are getting bought as quickly as I would assume from just watching, and the real estate market has seemed to slow down a bit in the last little while.

I sent an inquiry last night and got a message to go back on the site with my email address.

When were you last there?

Dallas, Atlanta and Charlotte were all high on my list last time I did this.