Good news! (Sequel to - What would you do in this situation?)

[Wilder Fuentes]

Good news (I think) to all of you, who have taken the time to respond to my previous post (What would you do in this situation?)!

Thanks to all the responses, I took the time to circle back to my city's bylaws, and I did not see an entry regarding short term rentals being prohibited. I also reached out to Navy Federal, and the second rider of my home disclosures doesn't mention STR or MTR. In other words, I am allowed to rent the property providing that I continue to meet the 14 days criteria of residence (vacation home loan) and I do not relinquish control to a management company. The lawyer who conducted the closing confirmed the later.

With regards to the response that I obtained from a member of the Planning and Permitting Division and the city not "permitting" STR , my lawyer's response went something like that - "permitting" as if "issuing a permit" or "allowing." My lawyer continued by saying - I own a rental in your city and know quite a few others who do as well.

So, with that said, what are your thoughts on the lack of details regarding STR in my city bylaws and my lawyer's response with regards to operating a STR anyways?

I am eager to read all your response that are thought provoking and push me forward on my real estate journey - thank you, thank you, thank you!

[John Underwood]

Them telling you that it is not permitted would be concerning to me and prevent me from buying a STR property in that area.

They are not STR friendly and even if they don't have something in writing or aren't currently enforcing the rules they have today does not guarantee the same for the future.