Anyone renting STR's Downtown Greenville SC?

[John Underwood]

Curious to know what others think about local restrictions and generally how they are doing with their STR in downtown Greenville, SC?

I have checked occupancy calendars and most are sparse still and I know that has to do with the time of year.

I am doing a 100k rehab on a house in the Augusta Road Area. This is a $250/ft sell price area.

So I might sell, STR, rent to someone that wants to do STR, 1031 exchange into a VR in Pigeon Forge, Cash out refi and buy VR in Pigeon forge and add to rental portfolio as rent as a high end rental long term. Many options

Although there are many STR's listed on VRBO/Airbnb, I wonder about the STR rental laws that are only enforced by complaints (for now anyway).

Don't want to spend 10k to furnish house and then get shut down.

[John Underwood]

Originally posted by @Mike Dymski:

It's my understanding that STR is illegal in the city limits; so, I believe some investors are doing furnished monthly rentals instead. I have four units in N Main that would be good for STR but the neighbors would be furious.

 I checked VRBO and Airbnb, people are doing 2 or 3 night stays downtown, but that goes against the current rules that aren't being heavily enforced.