I was under the impression that this regulation only applied to Cleveland homes.

And in condos, you can't differentiate so much with the other units in terms of amenities you offer.3) Regulations: first zoning need to allow STR, then the second step (if condo), is the HOA.

Affordable housing is not something that they have any say in, as it is regulated by the particular state.  

Alternatively, rent regulated tenants can also file a rent reduction complaint with DHCR.

Albemarle county tends to have pretty strict regulations when it comes to zoning and building.

On the other hand, I have bought numerous properties from absentee owners that paid cash for their investment property here.

Regulating rent rates creates less inventory and higher prices.

Usually, older mobile homes get grandfathered into any new rules and regulations with the city and/or county.

Keep in mind though Timber is highly regional when it comes to Harvest regulations , Growing cycles , Species  U have hardwood and softwood.

Consider short-term rentals: If local regulations allow it, converting one or more units into short-term rentals via platforms like Airbnb can increase your revenue per unit.