Local/Regional STR owner associations as well as AirBnb and VRBO often lobby for common sense regulations.

If there are any red flags on your mom's house, you may want to hold off on the cancellation of her current coverage until the new policy is issued and the company has done their inspection. 

Carola,I decided to go with Invelo, The main reason that I went with Invelo was for the benefit that I can speak with someone if I have issues.

I’m fortunate that my contractor often thinks outside the box regarding different projects and issues and finds solutions that may turn out better for situations we have been thinking of.

It becomes easy to find deals when you are rolling but you start having other issues such as how to operate your rentals etc.If you don't do this you will get burnt out very quickly.

I have the same issue as well.

I'd recommend connecting with more people in your community such as landlords and other investors to see who they are using for their services in hopes of finding reliable contractors and well as some advice to overcome the most common/obscure pitfalls.

Only issue is the debt service coverage ratio is about 1.0 piti (20% down) will end up at about 2400/mo rent is likely 2400-2500.There is some value add work which can be done in terms bringing the finished basement up to fire code so it can be considered living space.What do y’all think.

@George RedHowey test is the best way to determine if it is a security and thus either need to file with security or do an exemption like a 506cIt’s basically 4 parts:An investment of moneyIn a common enterpriseWith the expectation of profitTo be derived from the efforts of othershttps://www.investopedia.com/terms/h/howey-test.aspSo in a jv is one person finds the asset and one renovated it or both are acting in some capacity and making decisions - then you could consider a jv, but if one is a money partner and that’s it then the profit is due to the efforts of others Not an attorney

My issue is to find messaging that works.