I understand each city/county may have their own permitting requirements, fees, regulations, etc. but I'm wondering how people are making any return on their investment if it maxes out at 90 day rental.

The City does not currently have regulations or allowances for land use known as “short-term rental.”

Are there any local regulations or processes that are particularly tricky to navigate?

A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.

It's really very simple math - buy it low, rehab it appropriately to gain a higher value (ARV). 

If you are in a metro area, I would always make sure it works as a LTR as a worst case scenario that regulation shifts.

Personal residences or properties primarily held for personal use typically don't qualify for a 1031 exchange.Understanding state-specific regulations for like-kind exchanges is crucial.

New airbnb regulations obviously, but anything else? 

All Contractors are subject to the lender’s determination that the contractors are qualified and experienced, have all appropriate credentials required by the state, are financially able to perform the duties necessary to complete the renovation work in a timely manner, and agree to indemnify the borrower for all property losses or damages caused by its employees or subcontractors.Multiple Specialized Contractors:Ø Since this is a limited repair/renovation program, no General Contractor is required.

A trust is a legal entity that is subject to all the laws and regulations applying to every other entity.