Quote from @Garrett Creswell: Arizona cities like Phoenix, Tempe, and Tucson have loosened zoning restrictions to allow more homeowners to legally build ADUs (Accessory Dwelling Units) or casitas (often used interchangeably).Phoenix passed a policy in early 2024 allowing ADUs on most single-family lots, aiming to boost affordable housing and multigenerational living options.Requirements were simplified: smaller lot size minimums, reduced parking requirements, and less red tape for permits.With the new law passing, builders and developers saw a new market open up:They’re targeting homeowners who want to create rental income (especially with the Phoenix rental market staying strong).

Quote from @Ashish Acharya: @John Underwood For tax lien properties, the start date for determining short-term vs. long-term capital gains begins when you legally acquire the property, not when the lien is initially purchased.Key Tax Insight:Holding Period Start: Under IRS rules, your holding period begins when you receive actual ownership (title) of the property, not when you buy the lien.

Whether a property is a legal or illegal multifamily will dramatically swing the value and use of the property.

This requires filing a formal lawsuit and is more expensive, often requiring legal representation.Key PointsTiming is critical - missing deadlines means losing your right to appeal for that tax year.

Legally speaking, they are breaking the lease and you have the right to evict them, you just have to decide if is worth it for you.

You’re in a tough but not impossible spot.

I'd say it really depends on the property itself, is this a former tomoato or legal hemp facility that's pretty close to ready to go and used "out building" type setups? 

Communication with SEC 8 is nearly impossible. 4.

For inherited properties, it helps to understand the legal and tax implications, so keep that on your radar too.Use resources like BiggerPockets podcasts, books, and forums—they cover all these topics in detail.

What gave me pause originally were the limitations around what co-hosts can legally do, and also the branding aspect — I wasn’t sure how property owners would perceive the role compared to a traditional property manager.