Know its power, know its flaws; with that knowledge, you can make it work for you instead of vice versa.

If it's zoned for 2, then there are square footage ratios, and if you exceed these, then you would need a variance.While you're looking at cash flow issues, city planning is looking at congestion in your local schools, traffic, power grid, water and sewer etc., where if they grant too many approvals, the area would be over congested.Your next step after this, if you get the OK, is to have an architect do a walkthrough.

If you guys are making $150-$200 an hour in your jobs minus taxes, transportation, expenses, whatever, more power to you, but it sure sounds like you're paying a very heavy premium here to keep your hands clean and free of the taint of manual labor.

Powerful.

Hi Jenna,I'm glad to hear that you are already successfully participating in what I believe to be a very powerful program.

I have been thinking about STR's and buying more rentals in general but now with that kind of giant buying up condos/SFH/multi's what impact do you think this will have on the rental industry in general (and housing for that matter) and STR- hard for most investors/buyers to compete with something like a hotel chain behemoth when it comes to purchasing power and could drive prices crazy in desirable areas, not to mention the points and perks they can offer for staying on their properties?

Hello @Rory Samuels,Great idea to utilize your VA loan because a lot of veterans do not realize the power of that loan.

For instance, if I made an agreement with the tenant that each year I would allocate a certain dollar amount to repairs and maintenance (which would be far power than I would expect to actually invite).

What I noticed on this particular street is that most of the neighbors own their home, very few bars are on the windows and lastly the local power company is almost never on this street disconnecting and reconnecting services.

These units likely rented for the same price 10 years ago (in actual dollars) as today which in affect means the rent has declined by the inflation rate in spending power