I would run away except if DOM>30 and it's still there, I will buy for $320k though.Focus should not be on the condition of the house but in relative to neighborhood low range of comps.

A majority of STR markets are relatively saturated, but that saturation is skewed towards entry level homes.

But what I heard from this planner is that this is really just a test and that he feels it's possible -- and likely -- that the city will readdress the issue in a year or less.

There are issues in the realty industry...primarily the fact that the barrier of entry is so incredibly low to get a license and the vast majority of agents don't hone their crafts.

The intention is to not pay payroll out of the Parent Holdco directly as that entity's only activity is holding interest in other LLCs and is therefore less liable if any incidents happened related to a lower tier LLC. 

Since early 2022, we've been dealing with this issue, primarily near the windows.

You should make sure that you can afford the cost of the protection that you choose.You can write off 5k in the first year for startup of a new LLC, so if you have expenses related to starting the biz you can write those off.

The main issue with multifamily STR deals is financing.

It's a year-round family-friendly vacation destination with (relatively) low costs in an area that revolves around tourism.  

Here, you can highlight your areas and topics of interest... and anything else related to your RE aspirations.Another BiggerPockets feature that helped me tremendously was setting up my keyword alerts.