The city is not disclosing all of the Short Term Rental Regulations to me...

[Jim Johnson]

I'm working on launching a luxury STR in the mid-west which is not too far from my home. During the application process, I found out that the city has draft STR regulations and they will not share them with me. While doing the application they shared some of them with me so I could write them down but they won't let me take a picture or get a copy of what they have written down for the regulations.

Seeing that I will be investing a very large amount in a property that is not getting any other offers this concerns me a lot.  I know most people will tell me to run not walk away from this situation but I would like to figure out if it's possible to make this work somehow.  Does anyone have any experience with situations like this?

Should I bring in an attorney to make sure I'm protected?  I will have to renew my license in 1 year and if they change the regulations in a way that I can't comply I will have an expensive property that may be hard to sell on my hands.

[John Underwood]

Get an attorney to request the draft under the freedom of information act.

Don't but this property until you know what it says and preferably until after it is made law. The draft could change one way or the other before issued if it ever becomes law.

Be afraid until you know their intentions.