Converting 4 bedroom house to 6/7/8 bedrooms going against city laws.

In Texas, the starting point is simple: you step into the shoes of the prior landlord, not into side conversations.If the written lease expired and converted to month-to-month under its own terms, that lease controls unless it was formally modified in a way that satisfies Texas contract law.

Also, I would imagine a concentrated portfolio of rentals might garner a better price or more interest upon an eventual exit as well, which could help with returns versus a one off buyer as well.

I capture my guests with amenities/value and convert them into returning guests, privately.

had a terrible experience with a guy named ernie inzunza (works at Pancho's upholstery). anyways, i met a guy named glen who would eventually stay in one of my units (I live in cali) and help me transform my 4 unit complex. it had fallen out of escrow twice but finally sold at a price that i never thought id get. glen added about $60K worth of value for less than $15k. i paid him next to nothing and he was able to bring this property to life. $15k may seem like a fair price, but that's $15K for 5.5 months of working EVERY DAY (yes, that's how much work these units needed).

but, there are really great benefits to owning a portfolio - such as passive losses against your W2 income, equity via debt paydown, and then hopefully eventual cash flow if they are well managed and you're able to gradually increase the rent over time while your mortgage stays fixed. 

This would eventually cause the 2008 Financial Crisis.

All:We are converting a property to an STR just outside of Reading, PA, and are looking at the Berks County Business Privilege Registration paperwork and do not see anything pertaining to STRs. 

Your income is a great asset, and this puts it to use in a low risk manner.Oh and check into the possibility and viability of converting to condos some day--NH is well behind MA in this respect but true "condoization" is coming sooner rather than later to the seacoast. 

An alternative would be to buy a property with an unfinished basement and convert it into an ADU, but I know there can be a lot of red tape with this.