I currently live near Frederick, Maryland.

In Tampa it's common to find an entrepreneur that is running there own business and this allows me to verify how much cash they have on hand and assists me in calculating their debt to income ratio.3.

Buy a duplex, live in one side, rent out the other, and use that rent to cover a chunk of your mortgage.

But if you don’t live in the Midwest, it isn’t for you.

If you live there you can more easily lay down the law.

Let me know if you need assistance!

Hey @Usman Khan, Here in Denver, CO we have that law and some people will find a co-host who lives there and the co-host obtains the STR license. 

Me (23 years old) been living here for 9 months now.

Does this mean there is no downside to listing it for the maximum price of $4313 per month since the tenant would likely be paying the same amount no matter where they chose to live?

Could you hold a 2, 3 or 4-plex in an LLC, live in one and still sell the entire building as a personal property sale after 24 months (no cap gains tax)?