The details:STR owners must obtain a $119 STR license.Can operate one STR in any legal dwelling unitR-1 properties can do one STRR-2 properties can do up to two STRsR-4 properties can operate up to four STRsThis does mean that if you have a single-family home, zoned R-1, you can NOT operate multiple Airbnb room rentals.

If your goal is to be motivated, then by all means pay the $800 or $3k.

Is it possible to get renter's insurance to have some coverage over the home in the case it's destroyed by fire, flood etc.

Not sure what you mean by Seller's pro forma.

I'm hoping to take advantage of being a broke college student and using the FHA loan, the 203K loan, as well as the "Nurse next door" grants as a means to put little money down in this initial property.

I'm hoping to take advantage of being a broke college student and using the FHA loan, the 203K loan, as well as the "Nurse next door" grants as a means to put little money down in this initial property. 

I really don't want to reinvest the gain in a new property so I think that means no to a 1031. 

That means that I have to either: have enough cash to make the purchase and do the entire renovation (I don't) or move into a house that isn't yet adequate and live in a major construction project for the next 6 months (I don't want to).Is anyone aware of a lender that will do a cash-out loan without requiring occupancy prior to closing?

Feel free to shoot me an email or PM me, I don't like to put secret sauce talk on the front page of the forums :) lol

Which means we don’t have to pay the minimum which is $811 till then if we choose to stop right now.