It's basically a marsh mellow test for adults :-)My recommendation: run it through a BP calculator and let the numbers decide.

Hey all,I certainly don't mind digging through city ordinance after city ordinance to see if a STR is allowed in a certain City, but is there an easier way to do this?

Only thing I would add is that there are certainly investor friendly T/E companies that have worked with wholesalers before and I would look to use them if it were my first transaction as they can be really helpful in walking you through it once you actually have a deal in place.

If you can handle the red tape and jump through the hoops, Minneapolis and St Paul have limited your competition and I see investors with a positive attitude growing in our market.

No - it is a requirement for ALL conventional loans backed by Freddie/Fannie regardless of which lender you obtain the loan through. 

They are not typically designed to create a profit for the person running it, although frequently that person does well on the deals that come through the REIA's membership.

All residents stayed through 12/2021 then we sold the property.

I'm trying to figure out if I want to:A) first focus on buying several rentals that could support me (through rent) as I also navigate my other interests, or B) sell my property for around the ARV and grow my equity as I keep flipping houses until I decide to for example, buy apartment complexes.My current real estate goals are to one day own apartment complexes with many units rather than many houses with smaller units. 

And then it's just a matter of going through the usual steps.

@Daniel Wong I lived in Muncie for 5 years during school and drove through all the time.