Property managers with < 20 units:    What do you use today for notices / violations / compliance?

Renting rooms individually to six unrelated people would likely trigger the licensing requirement.

We've spent a lot of time looking at deals and potential structures - literally 15-20 hours per week for several months - however, we sill haven't pulled the trigger and done anything because we are afraid of the registration and licensing process.

Hey everyone! My husband and I just set up an LLC and are looking to either purchase outright or rent and sublease /arbitrage. I am seeing limited ordinances against arbitrage but having a really hard time. Using the ...

The second you create something that looks like its own apartment, especially with another kitchen, you’re out of compliance.

Understand the psychology: tenants change behavior when you change behavior.For 12 years, his interpretation has been:“Paying between the 15th and 20th is fine.”This isn’t malicious; it’s a pattern you both accepted.When you introduce a new structure, formal notices, due dates, and consistent enforcement, most long-term tenants snap back into compliance.6.

My recommendation- Find someone local that is already running a successful care home & become an educational sponge before you pull the trigger on your own home.   

Proper records help ensure compliance, minimize risks, and reduce the chances of triggering an audit.Providing clients with sample record-keeping guidelines and basic bookkeeping tools can be an effective way to help them stay organized and better prepared for tax season.

Mostly paperwork.When routine non-compliance can multiply a property’s debt 3x above its market value, we’re no longer talking about a healthy regulatory environment.

I definitely want to stay clear of anything that could trigger fines or compliance issues, so your point about STR activity in communities with rental caps makes a lot of sense.If the documents don’t spell out any restrictions around owner-occupied MTR/LTR setups, I’ll look into the roommate or owner-occupied lease option you mentioned.