The sad truth is there's rarely recourse available or even when there is, it's not economical to pursue and very few who get hurt know what they signed up for in the first place.

To all aspiring house hackers and those aiming for a single-family primary to hold it as a long-term rental, what are your biggest frustrations likely keeping you from jumping in the game? 

It’s going to be hard to get more than the property’s worth.

Can you sell your currently live in property to your LLC?

I don't want to be insensitive. 

The way to handle it is to allocate expenses based on the percentage of the home’s square footage used for rental purposes.Here’s how it works:Calculate Rental Percentage: Add up the square footage of both the in-law suite and the rented room, then divide by the total square footage of the house.Apply This Percentage: Use this rental percentage to deduct a proportionate share of expenses like repairs, utilities, and mortgage interest.This post does not create a CPA-Client relationship.

She is now 96 years old and there is no need for her to hold on to the property.

Has anyone ever tried to increase the size of a PEMB?

From talking with many owners in the various areas in and around Blue Ridge (Epworth, Mineral Bluff, Morganton, Cherry Log, etc.), you could keep it full up to 90% of the year.

I'm underwriting an 80+ unit property and it seems like the purchase price is too high compared to the market.