Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jim Johnson

Jim Johnson has started 1 posts and replied 1 times.

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.