First STR-Bedrooms and Septic

[Sam Farthing]

Hello!

We have been looking at an STR that has great revenue--even booked out until December. That being said, it's listed on VRBO as a 5 bedroom/10 guests, but is permitted as a 3 bedroom.

This seems to be a common thing with STRs we are considering--owners list it as having more bedrooms than permitted OR it is listed with accurate # of bedrooms, but way too many guests for the septic.

Would this deter you from considering this home? Thoughts?

Thanks!

[Dan Maciejewski]

Like @Luke Carl said -- you're buying a 3-bed and you'll own and be selling a 3-bed.  However you set it up and market it as a rental doesn't have anything to do with that.  The number of people it can sleep may have regulations in your locality, you may want to check.

For the septic, you may run into issues where you might have to pump it more than if there were less people using it.  You can check with the current owners to see if they've had any issues.  They may not disclose anything, though.  But like Luke says, it's pretty common.  You can always get quotes to see how much it would cost to enlarge the leach field if there is an issue.