You will have to spend countless hours trying to learn the laws and regulations of each state and you will never be great at any of them.

Charging lease fees is highly regulated as well.

I am seeking information on market trends and regulations concerning STR in the Hampton Bays area.

But there are many more investors chasing every deal that's out there, repair costs are much higher, taxes are much higher, insurance is much higher, regulations are starting to become a bigger issue, and of course interest rates are an issue. 

Furthermore, maintaining rigorous property management practices, keeping thorough records, and implementing robust tenant screening procedures can also mitigate risks.

While we don’t have direct experience with this, we have clients who do, and they usually report great experiences when zoning and other regulations align.

A lot of the discussions here are going to be very much a North American application to investing since regulations and financing are somewhat similar for the US/CA, but likely different for Africa/Europe etc.

There are a lot of regulations for STR in New Orleans.

But honestly with all the counties and different little cities there are a ton of different ways things are regulated, and sometimes depends on the permit office mood and empathy.  

You will also want to check in on your local laws about increases as well as compare them to Section 8's regulations.