Hopefully I will learn more about them when I talk to the LP who brought this up to me on Monday.

I've been talking to a realtor they connected me with in Clearwater, and they are a STR investor and own 10 rentals in the market as well as know the STR regulations street by street.

This reflects continued demand despite economic headwinds*Pending sales increased 3.1% in the metro and decreased 2.2% in Austin proper.

Gentrification opportunities, As gentrification continues in certain parts of the city, early investors in these up-and-coming areas may see substantial returns on their investments.I would love to know what people think about investing in the Philadelphia area and if you are an investor, i'd love to connect to hear your thoughts and experiences.

I’d suggest you dig into the numbers, compare it to what a regular sale would give you, and talk to someone who specializes in this type of deal.

But 1) you're likely grandfathered in if they ever do, and 2) there are no talks or indications of changing directions on their stance. 3) long term rentals don't cashflow here, but our appreciation is super high.

Have you talked about GP/LP waterfall splits?

your talking Canada and commonwealth citizens you dont have this in the US. 

Assuming that continues and you manage your properties competently people will think you are way smarter than you are in 10 years. 

Over the years every single time I went over his house to hang out we would talk about money, investing and the future we were building.