Change of use, comm->res

[Ryan K.]

I have found a screaming deal on a residential condo, but the problem is that the master dec states that it cannot be used as accommodations or residence.

It is in a resort area and the highest and best use is nightly vacation rentals (VRBO, Airbnb, etc.).  It would cash flow very well and, at this price, likely experience great appreciation.

Anybody have any experience to share with trying to change the allowed use on a commercial condo to residential?  Thanks