Quote from @John R Bongiovanni: Does anybody have recommendations on the various alternatives to requiring a full security deposit?

Does anyone have any recommendations for good alternatives?

Does anyone need alternative guest coverage for their short term rental? 

Where to start, choosing an agent, DSCRL alternatives or similar programs, etc.Thanks KamalDo you live in Puerto Rico?

Meanwhile, co-living models like PadSplit are winning legal battles, proving to be a sustainable, long-term housing alternative.🔹 Airbnb is Facing Increasing Restrictions:New York City has implemented strict rules requiring hosts to register and be physically present, effectively banning many short-term rentals.Dallas and Atlanta have passed zoning laws banning short-term rentals in residential areas.California cities like San Francisco and Los Angeles are ramping up enforcement with hefty fines for non-compliant listings.🔹 Co-Living is Gaining Legal Ground:Colorado eliminated all restrictions on the number of unrelated adults living together statewide as of July 1, 2024, marking a major victory for co-living advocates.This week, Jacksonville Municipal Court ruled in favor of PadSplit, voiding citations for “illegal boarding houses” on constitutional and fair housing grounds.Cities like all over like Washington D.C. are considering zoning reforms to allow more co-living developments as an answer to the housing crisis.As Airbnb restrictions tighten, co-living is emerging as a scalable and legally sound alternative that balances affordability, tenant stability, and community needs.

Also, I am considering alternative financing options (beyond Hard Money).

I’ve never opened a mail drop store, so I can’t speak to that, but I’ve noticed that a lot of investors are turning to pad splits as an alternative strategy.

A move away from asset management may drive more capital into alternative investments—including commercial and residential real estate.3.Could This Signal a Broader Shift in the Economy?

I will use a lower-cost QBO alternative, like Xero. 

Reduced loan limits for investors might force many to seek alternative financing.