Malibu allows it but requires a 15% "hotel tax" on the gross revenue.I would recommend looking out of state or underwrite the property as a long term rental in the event laws change.

For now, we just contact the city/township construction department to ask about pre-sale or pre-rental requirements and follow along. 

Only with a definitive goal can you accurately assess your options.What I hear you saying is that you do want to build a rental portfolio. 

I'm still using it for flips and other investments but not trying to be long HELOC loans as 10% is still expensive money.If you want to talk more, I'd be happy to have a conversation.

And eventually it shifted to more straight rentals as the market for capital got easier again.

So I have recently listed my rental unit on various sites.

we have investors who are trying to decide between long term rentals on new builds and short term rentals on new builds in midwest markets in urban adjacent core neighborhoods. how are yours performing?

I'm now realizing that in the state of South Carolina, the tax rate jumps 2% for rental properties to help fund public schools, a $600/mo cost that I didn't account for when using the calculators in the earlier stages.

@Brenden Sperl - Can you clarify you rental income?

Verifying last 2 years of rental history very important!