Developing an assisted living home requires careful coordination of licensing, staffing, and operations in addition to the real estate component.

I am doing it .but I wonder what kind of additional docs they would ask me ?

Having a short term rental alone does not on its own generate a reduction of taxes attributable to W-2 wages.

(Vendors also knew that if Tenant requested additional items while they were there, approval from me was required.

Duplex sold in Dover in 2025 for mid $500’s Both units have 3 bed/1 bath apartments Both units are in decent shape but there is room for some cosmetic upgrades 270k/unit and approx $240/sqftThese two numbers tell us this duplex is very on par for what the market looks like in Dover  Because of the larger bedroom count, I’d like to play out a house hack scenario: PITI payment + maintenance/Capex + vacancy + energy bills + reserves= $5400/mo(rough estimate)  Now I’ve been hearing that this winter has proved to be harder than normal for landlords to rent out, so assuming a below market rent for a 3 bedroom in Dover going for $2100 and two individual rooms in your own unit renting for $600, that totals up to be $3300, leaving an additional $2k/mo rent to pay.

As part of this, properties are increasingly requiring additional repairs or improvements to meet compliance standards before they can be rented out again.

Also heared you can use self funded 401k to avoid additional taxes but aren't allowed to hire employees?  

I don't expect any additional capex on that property in the near term.

This home is great due to its location and that is why I am strongly pushing for it.Here’s the situation:Purchase will be my primary residence initiallyPlan to house hack in year 1Rent the townhome starting year 2 and hold long termThe deal does not meet the 1% rule, but I’m buying based on location, appreciation potential, and long-term rent stabilityI plan to refinance into a fixed loan (FHA -> Conventional) once the market advises me to do soFinancing details:FHA 5/1 ARMThe ARM is being used because I currently don’t have the cash to qualify for a fixed-rate loanGoal is to refinance before year 6, ideally between years 1–4I understand townhomes come with additional considerations (HOA fees, rental rules), and I’ve reviewed the HOA guidelines to confirm rentals are allowed.For those who’ve done something similar:What should I be most cautious about with a townhome + ARM combo?

Lender tacked on over $30k in additional fees I never signed for.