Asking residents to confirm they had no prior evictions, met income requirements, and had the minimum credit score didn’t ensure they were going to tell us the truth, but it did at least allow the honest ones to opt themselves out.

@Ron HollingsworthYou need a local architect who is familiar with city codes and requirements.

I’d start with checking on their compliance requirements.  

That in and of itself is proof a variance was not required for the scope of work on the permits. 

On April 1, 2023, Fannie Mae & Freddie Mac changed their cash-out seasoning requirement from six months to 12 months seasoning.   

I believe they have a 6-month seasoning requirement, but if you bought it longer than 6 months ago, you should be all good!

Does anyone else have experience with this and if so what are the requirements?

However, items like plumbing and electric would very likely require permits and should be done by a professional

Properties sell fast and nobody wanted to touch this due to the amount of work required.

As AirBNB and VRBO introduce policies that have the effect of limiting the STR owners profitability, the long eatables operating properties are going more and more to off app rentals most of which is based on word of mouth which requires years in the business.Better off finding a business opportunity where entry level has more chance for success