If you would like to continue to operate as a short term rental, you will need to submit a new STR application for this property and must go to the Board of Adjustment and be granted a special exception for staff to approve this request for a Type 2 STR Permit.The Board of Adjustment consists of eleven (11) members; you will have to get a concurring vote from nine (9) out of eleven (11) members in order to be granted the special exception.

If I had a good tenant and they continue to be a good tenant, I don't care where they legally get their money from.I agree that most S8 do not meet my criteria even without considering the source of the income.However, we have another policy that also works against S8.  

In 90 days, the Board of Directors will reevaluate our cash position and decide if we will continue to recommence or continue to pause distributions.

Thus, I'd expect something like the following for the next three years for US rents: 1) 2025 will not see much national rent growth as we continue to deliver so much supply that prices remain largely flat.

Job and Talent Loss : The duration of recovery has and will continue to force migration.

Because the reality is that one deal won't make you rich, but the continuous growth you get by doing deals and building your skills, network, and expertise will create the foundation to get you there! 

We've seen the rental market soften here in the greater SD area as whole, prices may continue to soften towards the end of the year. 

If private companies continue to provide the insurance, I suspect we will see further increased premium costs which will need to be reflected in the rents tenants pay (all tenants: LTR, MTR, STR).  

After reviewing your application, we’ve determined that, unfortunately, we are unable to move forward with your application at this time, as it does not meet our established criteria for income and (other established criteria) We appreciate the time you took to apply and wish you the best of luck in your continued search for a home. 

“As a property continues to sit and become dilapidated, it’s like a cancer,” she said.