Unregulated STR Market

[Reilly Barry]

Question for short term rental owners.

I am currently looking in two markets for a short term rental property. The market's are very similar except one of them is completely unregulated. I am curious if anyone has had negative (or positive) experiences owning STR's in unregulated markets.

[Bruce Woodruff]

You would think that completely unregulated would be the best choice...but it depends where it is. Sometimes an area with existing regulations is great because they have already been through the thought process and decided on an approach. As long as they are reasonable....