The amount of time required will decrease as you have more money freed up to use.How much you are paying in interest each year (note this is simple math, not accurate because the amount that goes to interest and principal changes over the term of the loan).$21.9K$16.9K$23.9K$20.2K$36.2K$26.7K$51.9K

I thought going in that we would start an LLC but have come to learn that LLC's have very limited lending options for real estate and that our LLC would require us to file taxes as a business because there are 2 of us.

We are planning to turn our primary residence into an STR at the end of this year and are looking to take advantage of accelerated depreciation if we can meet the REPS requirements.

A DSCR loan will usually require a 1.2 debt service ratio, so with that you should be break even or better.

Yeah I think it's a unique opportunity to test waters in short term rentals or "mid-term" rentals with less risk.

However, you shouldn't require a 20 foot setback for a pergola or a shed, so I wouldn't think the variance should be necessary for those items.

In addition the poison causes them to need to drink so for the most part they will leave the building looking for water and die outside.

I feel Ike they pivoted quite a bit in the last few years since city and subsequent county license requirements spurred an STR plateau and the motivations are a bit deeper and multi-purposed now.Take parallel economies, such as Uber/Lyft, the ONLY two TNC license holders in the state and each year pay an excise tax of a few hundred thousand a piece, if not more (just for the permit, not including the whats taken from drivers).

The renovator mentioned the house is in poor condition, requiring a ground-up renovation, which would demand additional funding.I’d greatly appreciate your insights and advice on this matter.

Also they have the ability to stall said permit until they put up landscape bonds which is the only thing the city is requiring now.