Not a great article. Basically covers what most of us already know about these major metro areas.https://www.dwell.com/article/rules-for-short-term-rentals-a...Worth a read to see how those regs came about.

Property has 12 dwellings on it.

After keeping out cap ex, vacancy, etc I cash flow $450 with no mortgage. 15% return CoC vs 8%, instant liquidity (on the cash flow), plus I own a physical asset and get the tax deductions vs paying taxes on dividends. 

There is a growing appetite to spurn the ‘McMansion’ and embrace tiny homes.It’s big news when someone converts an old metal storage container into an efficiency dwelling.

If you can generate positive cash-flow, this generally equates to instant equity.  

This is pretty good... stepping into an instant 30% bump on value. 

@Jakayi Parker I agree with the other comments that this is not a motivated seller and don't dwell on this one person.

Being in an up and coming neighborhood, I feel like that is a prime location for a developer to look to purchase (the houses and the garages, which my house would be right in the middle of) to put up a multi unit dwelling.

I have uploaded a Spreadsheet to my Etsy Store, just $10, instant download! 

Hi Victoria, we have a HELOC program that has a 2 minute application then it tells you instantly if you are approved.