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Updated about 3 years ago,
Boulder County Approving Updated ST Regulations
I want to put my primary residence up for rent in Boulder County. I will be moving out and I'm trying to decide whether to sell, short term rent or long term rent.
1) If sell, I have enough equity in the house to potentially cash out and invest it elsewhere 300K.
2) If ST, what do you make of the regulations (as of Dec 3 2021) update in Boulder County? Does this disqualify me? Is this becoming too much of a hostile environment for investors where it is not worth pursuing?
3) If LT, I can rent for twice my monthly mortgage. Should I try to capture the appreciation for the next couple of years? I would keep LT renting if a) the house price is appreciating, b) if I can continue to rent without major vacancy or problems. Otherwise I might sell in 3 years.
Any help is appreciated in advance.
Al