Many Irish investors overlook this. Ireland has no real HMO regulations yet. In the UK, you cannot create a HMO without a licence, minimum room sizes, and strict standards. Here, investors are taking a standard four-bed house, turning it into five, sometimes extending into the garden and pushing it up to seven bedrooms. Some do it properly — full refurb, professional standard, everything brand new. Others cut corners with tiny box rooms that would never pass inspection anywhere else. If Ireland
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