I suppose it was wishful thinking, but I was hoping that the regulation/rules around it would be less onerous for a project that is small in size (less than 200k) and with relatively small investments from individuals (around 20k, for example).

Columbia has a max of 3 unrelated persons and it is sparsely-to-very regulated depending on the neighborhood.

Hello, i recently became aware of a good deal in my area, but the building encroaches on the sidewalk and is not respecting current regulations in that regard. am i at risk for being forced to demolish this building, if i buy the property?

We're currently investing in Miami Florida and Pensacola but i'd say just pick a market, run the numbers, make sure the regulations are good, and go from there.

@Susie Oanh NguyenWell, its sort of depends on what State you are in since licensure is regulated by State. 

@Darrick Lowe Your mortgage holder probably has no desire to let you change the entity structure of your loan, and it is likely they can't due to various rules and regulations they follow as it was underwritten as a primary home loan.

@James Allen If they're good tenants, pay on time, and generally take care of the homes, I don't see an issue with having them stay as long as they follow the rules and regulations.

Very interesting... https://www.forbes.com/sites/chuckdevore/2019/06/27/workers-moving-from-san-francisco-to-austin-would-get-an-immediate-46-raise-due-to-less-regulation/#7ef0fb0f2d81

Step one - buy propertyStep two - furnish property and determine if you have any special local regulations you'll need to abide byStep three - go on Airbnb and select "create new listing", follow prompts, and launch

@Marc Winter is there any cheap little device I could screw on that tells me the usage of each unit?