It does not mean that direct mail is banned when you get your list from somewhere else."

Also I think dc plans to ban Airbnb so you need to be owner occupy if you do want to do it legally.

On average, the ROI is around 5x, presuming your CAC is well managed and you average       $5,000 in wholesale fees, on SFR.

In my case any changes are not to ban but to further control the home sharing process.Do your due diligence up front and  hire an agent that is well versed in vacation rental properties.

I would be careful where you buy near the University; this may have changed, but last time I looked into it the City banned new rentals in Old Town.

But you likely need 3/4th or 46 of the homeowners to vote to actually change the bylaw banning renters.This is a super juicy story.

I’ve been fighting this battle for years, since the days of Joe Gore, who got banned for repeatedly posting that LLCs were worthless and all you need is insurance. 

So Madrid is banning Airbnb apartments that don't have private entrances.  

I suggest the first person you talk to be either (a) a developer in your area who has done it--successfully, or (b) an attorney who has helped developers such as the one in (a) to do this and can walk you through the process.

Residents in those area (such as Del Mar) are not happy with parties who rents for weekends (Article Here),and taking to court to try to ban short term rentals.