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Arbitrage and city licensing
Out of curiosity, as I am not considering arbitrage myself, but as the person renting the property and running the STR, how do you ensure the owner renews the property's license each year?
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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
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Bottom line, you can't. Now if the owner has allowed arbitrage at their property, I can't see why they wouldn't do it. You might have to remind them.