Buyers who already have updated pre-approvals, verified assets, and lender-ready documentation can move much faster when paperwork changes come up.

Just something to consider.When buying my primary home, I do pledge to live in it for 12 months (it's actual paperwork that you sign).

This might just be me, but I feel like an unreasonable amount of my time gets eaten up chasing documents.
Leases that need signatures, background checks, insurance COIs, W-9s from vendors, stuff from brokers or attor...

Quote from @Nicole Gentles: Quote from @Mitch Messer: Quote from @Nick Sehy: Hi Mitch,Essentially the DLBA has the right to take back the home in the case that the investor does not complete the property.

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. 

They said - they waiting for some paperwork. 

We're considered an essential service."  

This would essentially disqualify W2 workers. 

The process isn't as scary as it looks but the paperwork is a mountain.

That’s what I paid on my last two sales as a seller and I simply added it to the selling price, essentially paying 0%.