I’d first ask CMHA locally how they’ll view the change, mock up furniture in both layouts, and only convert units where the rent bump outweighs cost and potential market shrink.

I have enough to worry about without dealing with incompetent state workers, yearly renewals, and a constantly changing website that doesn't work, and looks like it was written with COBOL from the 1950's.  

. ;)If you are looking at buying rental properties, LLCs will not change your taxes, and S-corps will increase your taxes.

I know with the military you are likely subsidized for housing, food, etc - if so that is a good chunk of change you can put away.

If you just want to dabble to make some extra money and don't have the passion to go all in, it's a tough business keeping up with all of the regulatory changes and balancing keeping owners happy with taking care of tenants.   

In my opinion, it's not a big deal and there's no reason hosts should be freaking out about this change...Just understand it and adapt accordingly.As a PM, my fees come out of the net payment from Airbnb, so there's no change to the landlord either in my business model (I realize this may differ for other PMs).Where there is a slight change is Airbnb is charging this on fees (such as the cleaning fee) as well, so those may need to be adjusted. 

Especially as it's not a 7% change to cost, it's a deferment vs a relief. 

Tools change, vendors change, new techniques are discovered, etc.Most of our SOPs are not hand off ready.  

.), and it returns a full underwriting breakdown:Base / downside / upside returnsP&L, DSCR, CoC, sensitivity tablesFlood + insurance risk for FloridaNext-step checklist and “what would change my mind” summaryIt uses conservative defaults (7.11% 30-yr @ 75% LTV, 5% vacancy, 3% expense growth, etc.) and calls out when you should check with a CPA, appraiser, or attorney.You can try it here on ChatGPT by searching for “BRRRR Brain” in the GPTs section.If you want cold, math-driven underwriting instead of hype, it’s worth testing.TRY IT OUT HERE!

I talked to a realtor and he mentioned really you can just say your financial situation has changed and you don't need to give anymore information then that.