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Updated over 1 year ago,
The city is not disclosing all of the Short Term Rental Regulations to me...
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.