There's a lot to be taken advantage of in the tax code but it has to be done correctly.

AI gives up good data for rental rates in a zip code but then you need to go in and define it more like the street and area. 

Zip codes - 44109, 44102, 44111, 44125, 44135, 44137 

A manufactured home can work, but it all depends on the building codes of that city/jurisdiction. 

The risk is getting the work done well enough and to code so when the buyers building inspector walks it, there isn't a list of 50 things to still do. 

Make sure the downstairs is actually a legal unit.If the bottom level is being advertised as a unit, confirm it meets code (eg., egress, permits, proper electrical/ plumbing).

At minimum you’ll need an architect (to design plans that meet code), a general contractor (to build), and potentially a civil engineer (if there’s grading, utilities, or drainage work). 

Depreciation and other deductions aside, irr on our sfr have lagged the s&p all without collections, code compliance as well as escalating municipal rental regulations of permits and licenses.

I would highly recommend working with a CPA that is familiar with both US and Canadian tax code to determine what makes most sense there.• Are STRs still worthwhile after factoring in PM fees, insurance, repairs, and higher financing costs for foreign investors?

We explained to the code officer that the dates were blocked out for personal use.