I've noticed that the best landlords and the best founders play the same game. Different assets, same instincts. Both build machines that compound. Both need patience that looks like aggression. Both fall apart the mo...

A property in a quiet residential neighborhood may face noise complaints, neighborhood associations pushing for enforcement, and hosts being targeted by complaint driven regulations.

Quote from @Elealeh Fulmaran: Smart to draft the offer now and be ready to fire—come in clean with proof of funds, tight inspection focused on roof/HVAC/electrical/plumbing, and a short response deadline so you control tempo.

., when framing/rough electrical & plumbing are complete, then pay the guy for that work (only).

Quote from @Patrick Forelli: I'm looking to invest in a STR in savannah, but I'm confused with the regulations.

Update all plumbing fixtures, new lighting and paint.

Missouri and Kansas also have landlord-friendly laws, with few rent control regulations or tenant protections relative to coastal cities.

To me, that says that -- no evidence to the contrary -- he rented out in violation of the town ordinance and (my take) now wants to whine that he got caught.AirBnB and other short term rentals (STR) need to be regulated because they impose externalities on neighbors and deprive local governments of revenue and -- depending on circumstances -- pose unfair competition on local hostelries.

They came with opinions from the BIG 8 accountants that the tax losses complied with IRS regulations.  

Big ticket items for deeper review by GC: roof, windows, AC, foundation, plumbing, electrical and more..2.