Owner financing was also the better route for both parties as a result of dealing with the state in transferring permits and operating rights on the water well and sewer system, which is a slow and arduous process.

@Mallikarjun Reddy Pateel  I would also ask for city permits signed off by every department (HVAC, electric, plumbing etc). 

Asheville has a near-ban on all Short Term Rentals, so don't even look in the city limits because it's almost impossible to get a permit.

I am leaning towards the idea of STR but from what I am understanding there is a permit process for unoccupied vs. occupied.

Have you had any issue with the city of Newark’s requirement of having a permit for 3 or more non related tenants?

There are areas of town that you can operate a STR legally without a permit and without paying the city tax.

The assessor looks at permits pulled for renovation and determines the amount).

Some cities are very serious about code enforcement and permits and some aren't.

I have reached out to industries who have traveling construction workers in the area frequently to make them aware of my Airbnb. 

Anyone know of any good consr workers around Gary Indiana?