This new regulation aims to increase transparency in the real estate market and protect buyers from potential issues with recently renovated properties.As a fix and flip investor in California, I'm curious to know how this new legislation is affecting your strategies and operations.

There are strict rules and regulations in Shaker Hts. and a lot of the other cities and suburbs.

If you meet this regulated threshold at the end of the year, an IRS 1099-K tax form will be provided to you."

STR regulations and taxes are becoming harder there, and properties are pretty expensive!

Compliance - Check and keep up with all regulations, rules, taxes, insurances, everything!

Not sure what your short term rental regulations are for your area, but if HOA allows, airbnb could be a great way to acquire short-term, mid-term, or long-term roommates.  

I would just check with local zoning department to see if you need permits or to adhere to certain regulations.

Why is it that most “authorities” that ban STR (or heavily regulate) decide to ban or regulate rental “30 days or less”?  

I don't mind the regulations.

I actually love that regulations are coming into place, to be honest.