We are really unsure on how to go about permits and regulations on electrical and plumbing for the property if we do turn it into a 3 plex.

A listing agent has access to a showing app that makes scheduling showings easy, tracks who was at the property when, and anyone visiting the property is with a buyer’s agent that has passed a background check, follows strict showing guidelines, is insured, is regulated by the real estate commission, and risks losing their license or being fined if anything goes awry during the showing. 10.

I was really interested in a short term rental and still am to a degree but due to saturation and increased regulations I am weary of going there. 

The property has about 3 years left and then has 3 years for a De-Regulation period.I'm not sure if there is any tax credits left.

However, if you choose to go this direction, make sure to find a company who specializes in parks and is familiar with all the state regulations.

I've reached out to a few local agents via BP messages, but haven't heard back yet.Any advice on NJ regulations, watch outs for house hacking by the room, general house hacking advice, or anything you can offer of value would be great!

I will say the crowd who preaches “its better to wholesale unlicensed because you’re not as regulated” is grossly mistaken.

California, Nevada, and Idaho have statues that regulate intermediaries and protect consumers from theft who want to do a 1031 exchange.

Apparently, organizations who take deposit, i.e. banks, have much regulations placed on them somehow. 

Sometimes we are required to use a BPO depending on the regulator or the investor.