I believe the HUD guidelines are two per bedroom plus one, so for your apartment it would be a total of five allowed to live in it. 

We ended up filing a letter of vacancy with the Los Angeles County Sheriff's Department which allowed them to forcibly remove anyone that we considered to be trespassing on our property. 

I am looking for a lender that is willing to issue a loan that allows the property to be owner by the LLC that is equally owned by both parties. 

I transferred my credit card debt with 21+% interest into balance transfer credit cards allowing me to pay off my credit card debt without paying interest (that would later negatively effect my credit score, little did I know, due to opening new lines of credit--C'Est la Vie!)  

Hopefully this will allow it to appreciate more than a "townhome"The way I calculated the rent was with a  comparative market analysis so similar townhomes on the same street built last year with like 50 square foot more were leased for 1500.

I've recently bought a property specifically to rent out full time and it got me thinking about how a STR business can expand.It seems like the main avenues are:1. work with landlords to rent out properties and simply pay them rent2. co host and manage other people's listings3. buy properties and run yourselfeach has their pros and cons, though #1 seems the most approachable, though would take a good amount of work to find landlords open to allowing it.What have been ways that you've scaled your business beyond just 1 property?

Your DD period will allow you to verify some of that information, like cross checking the leases that you will now have access to with the rent roll provided to you prior to LOI submission.

The problem is that the way the property was renovated means that it does not allow for two couples and a shared kid (and maybe one more one day).

As long as the local law allows that mixture of tenants you cannot ask for more rent due to a large family.  

I'd be able to cover the loan payment based on what I'm typically offered for a housing allowance.