The Las Vegas townhome and condo market has been on an eventful journey from 2021 through 2025. Following a pandemic-driven boom in 2021-2022, characterized by soaring prices, rapid sales, and a sharp drop in inventor...

Typically any kind of conventional (fannie/freddie), FHA, VA, USDA type loan for a primary residence will require you to move into it within something like 3 months.

I have a unique opportunity to take a family owned property that normally just sits and turn it into an STR.  

I wanted to reach out to gain insights into the industry, from a seasoned professional. 

You need a brokers license to do it legally too so take that into account with your analysis

Our pass throughs that hold each individual entity/property flow up into that parent company which provides multiple layers of protection. 

Will the new claim put this into another mess?

I'd imagine this falls into the "normal wear and tear" category but I just don't know how you measure or prove it and how much tangible evidence I need to have ready showing that I've warned them repeatedly.  

I am an investor, realtor, and property manager for SFH for years, but I've never tapped into the commercial world.

Well I've got myself into a pickle.