So again I think it's still a hard question to answer but a good conversation to have.

There’s no town involvement when it comes to condo conversions.

During our conversation I would understand that the plan would be to have enough cash from payroll saved by the time you closed to use for down payment, and that is completely fine. 

That's where the best conversations take place.

This helps identify consistent patterns in their behavior.Document everythingKeep detailed notes of your conversations for future reference.

Clients now only use what they need & not much more.We have it duly written into all of our Leases, so it's fully disclosed and we engage all prospective Tenants in an honest conversation about paying all of their bills before they move in. 

Here is my conversation with them about it:Me: Yeah but why would anyone buy something from you that was on the MLS and they could have bought direct?

If you’re ever in doubt, you can ask for more information from the guest through Airbnb’s messaging platform, but never take the conversation off-platform.If you were doing a longer rental (like 30+ days), you'd want to have an off-market rental lease in place, but for anything on Airbnb, it's best to keep everything within their system for your own protection.

@Leslie BeiaI would have a conversation with a securities attorney.

This is known as a Roth Conversion.