MTR rules for central Florida

[Anastasia Rodriguez]

Hello, 

So I saw that most places categorize rentals as just str or long term, mtr is just another option investors came up with but in the eyes of the state it’s not recognized with its own rules and regulations. I’m looking to have a mtr in the central Florida area, but I was wondering if it’s better to classify it as a long term rental to avoid all the str laws or will this get me into any trouble based on their rulings as to what differentiates a str vs ltr ? How have you guys in the central Florida area done it and do you have any advice or recommendations? I would use the long term strategy as the exit strategy since str laws are stricter. 

[Shawn McCormick]

Also, I'll add in that in Orange County (most of Orlando) the minimum length is 7 months, if it's within an HOA, they may have a 12 month minimum. So you will have to watch out for municipality, county and HOA rules to determine what you are able to do.