One's tolerance--and desire--to navigate some of these issues stands to vary greatly based on whether it's a true labor of love or something you hope to hire out free of worries.With the cabin--before diving too deep into financial calculations--it would be good to get a clear assessment of its condition.

. - The property manager should be able to educate you on a market (if needed) , help you form a strategy, fit right into your due diligence process, and execute on a clear takeover game plan as soon as you hold title.- Resonable pricing for the area! 

For the same group that I mentioned earlier, there as just as many posts about bad RE Investors and Realtors asking for complex work for beer money type pay.It is all about vetting who you work with, on all sides and then spelling the terms out clearly in a contract that is a win/win and not slated one side or another.

That clearly answered my question. 

.), but have no clear answer on whether our basement could qualify as a 3rd bedroom and the black and white to verify.Based on the attempted drawing to scale of the basement, are we able to make the basement a 3rd bedroom?

After a year it's become clear that we would like to expand our Residential Property Management.

Steer clear of condo's and SFHs starting out.

Using their title will save on closing cost, guaranteed clear title etc.

To be clear, Section 8 is not the protected class. 

The Condominiums Bylaws must clearly state that short term rentals (being defined as rentals under 90 days) are permitted.