Investment Info:Single-family residence fix & flip investment in Capitol Heights.

Know what you're getting into beforehand and know that things could change over time to become less favorable to STRs.At the state level, there are currently no restrictions on STRs, but that could change.

I’m in Cleveland heights but would love to know more about there meet ups 

I decided that I wanted to take advantage of this benefit by buying a property to eventually rent out (after meeting the 1 year primary residence restrictions).

Unfortunately, I did not verify the information provided by my agent regarding HOA restrictions and home insurance costs.

Make sure you thoroughly read the CC&R's because many also have restrictions on rental (% of owners that can rent, length of term, approval prior to,no short term, etc.).

Based on your budget and risk tolerance, in-town subdivisions such as Oakland City, Sylvan Heights, Capital View, Pittsburgh, and Peoplestown are all areas I'd recommend from an appreciation-based investment standpoint.

Your target, from what you wrote, would be cheaper renters looking for a value stay that is clean, but unspectacular.If you market is saturated, you will keep going lower and lower in the algorithm which will indirectly restrict booking.

Starting on page 90 there are references to existing zoning, which don't have ADU dimensions, and proposed zoning, which does reference setbacks, heights, etc.

Seems very restrictive and would deter a lot of guests.