However, it also says "except for those included in state habitability requirement laws" which unfortunately overlap.

Had a very great experience with them except for one thing.

If you have all this go see the property, have it inspected and make an offer if the property has appeal as a STR and its in a good location.You can always back out during the contingency period.Yes, I made a spreadsheet detailing all the expenses (except a property manager).

Cap Rate is useless for those types of properties except as a maybe a curiosity or factoid; it is about as important as what shade of paint you used on the exterior.At 5-units and above, property value is based on income.  

Here are some exceptions to the recording tax.https://otr.cfo.dc.gov/publica...

Vet all potential guests over e-mail, the exception I make is the Airbb guests with very high reviews, in that case I let them instant book.

Well except the Mafia and Politicians

Deferred maintenance usually gets more expensive with time, and it's not always the gradual process you're hoping for.)Your dad can avoid paying any capital gains if he does the 1031 and purchases the correct amount of replacement property, and he can diversify as well into different geographies and asset classes- residential rentals, commercial of all flavors, land, farms, whatever.

Hey Armel, SFHs for STR in Nashville are exceptionally rare, due to the zoning restrictions.

in some states that's true other states thats not true.. in CA you can bring in current up to 5 days before after that its at lenders discretion if they will accept anything except payment in full..