Homeowners/owner occupants (typically speaking but all states have different laws regarding this) are offered higher standards of notice and protection regarding the home in which they live as opposed to a property owned by a legal entity or non owner occupant homes.From there, any other reasons a contractor would ask would be for level of finishes, hours to operate, need to cover and protect furnishings, ability to work on all parts of home at once, etc.

Looks like I will need to give my contractor a call today and talk through some different options.Currently, the property does not have separately metered utilities so all utilities are split proportionally based upon per person occupancy.

They essentially allow you to convert the basement to a rental if you are an owner occupant.

Actually, if you're moving from Boston, wait the required 1 year for owner occupancy, and you move back to the DC area, you should be able to use FHA again. 

Based on above, it sounds more like you have just not treated this as a business, so it might be best to agree to pro-rate rent to the last day of occupancy and return of keys, and simply consider this the cost of a lesson.Obviously I know nothing about your particular house, or the flash floods you have experienced, but why would you, apparently, do nothing when you have water intrusion?

It's a bummer that in this situation, where the gross is still 30k with about 50% occupancy, we might have issues qualifying for the Vacation house as the only thing counted is the net income.

Population growth seems to be a reasonable indicator of occupancy rate. dinesh 

But I don’t think 100+ mbps high speed is that much better than Hollernet for maximizing rents and occupancy.

My numbers work out really well if I can get occupancy to 80% for $350/night.

I haven't had much luck researching what kind of income or occupancy rates I can expect.Please share how you conduct your research for potential VR's.Anyone in the Phoenix area using Airbnb or any of the other sites, have you had success?