Also, you must familiarize yourself with local laws and regulations regarding STRs to avoid purchasing in areas that are not STR-friendly, which could save you from legal headaches and poor investment choices.Another critical strategy is staging your home to appeal to your target guests.

There has been numerous violations to the lease.

It looks like the STR regulations are fairly easy to navigate and it seems to be a popular vacation destination.

How are you adapting to new regulations or changes in market dynamics?

It serves many benefits for both buyers and sellers and if a law had been passed long ago that all such private transactions were required to be serviced through a thrid party, we would not have as much regulation addressing the issues we have today, specifically, the individual investors under the SAFE Act!

I’ve talked to numerous local people and they tell me I need 20% down.

The current city administration has telegraphed plans to introduce regulations this year.

Hi Jorge - I cant answer most of your questions but I have managed properties in the city of Philadelphia and it is its own realm in regard to the requirements and regulations. 

We have been flipping for about 10 years in U.S and we definitely understand that there may be many rules, laws and regulations limiting the ability to flip for a profit worth the effort.

Search the BP for ADU appraisals to encounter numerous examples.