The Springs just put regulations with licensing in place and there are some on the city council who would love to restrict or eliminate STR's. 

Hi BP!My name is Jenner. I've been browsing the forums and reading blog posts for a few months, and it's now time for me to start actively engaging. I’m a stay-at-home mom living outside Salmon Arm, BC. My husband and...

Here's a couple places you can go to check some numbers if you're into that sort of thing:National Multifamily Housing Council - Quick Facts: Resident DemographicsU.S.

Best thing you can do is apply for a permit with the city council

@Nia Dixon have you thought about the Henderson area, The city council recently voted to allow short term rentals.

Steve Zylstra, CEO of the Arizona Technology Council, said he thinks the plan is “fabulous,” but there isn’t anything new or unique about it.

Read this the other day regarding Donald Trumps recent executive order on examining the affects of regulatory barriers at the Federal, State, local levels on the availability and development of affordable housing. https://www.whitehouse.gov/presidential-actions/executive-order-establishing-white-house-council-eliminating-regulatory-barriers-affordable-housing/The order states that the council endeavors to encourage State, local, and tribal governments to reduce regulatory barriers to the development of affordable housing.Which in turn, aims to increase the supply of affordable housing.I asked myself what effect will the have on the REI space and my first thought was that the increase in supply will cause rent and values to slow down or possibly even stagnate all together. 

This is from July 16th.....During the latest City Council meeting, many Aldermen voiced reservations about the relocation fee, so it was pulled from consideration and replace by substituted provisions, including:Allowing a tenant to pay back rent after an eviction process beginsRent must be accepted at any time prior to a judgment being enteredTenancy of fewer than 6 months get 30-days notice, tenancies of 6 months to 3 years get 60-days notice, and tenants of more than 3 years get 120-days notice

I found 2 videos on U-Tube in which info. is presented, for this possibility, & one is by a British guy, whose last name is McCoy-Ward, & the other video on U-Tube of this theme, is by an U.S. man, who calls himself, Marko White Board Finance.

@Yu Cao I would put contractors (maybe behind L&I and City Council) as the most challenging aspects of real estate investing in Philadelphia.