Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

If you do not build homes to keep up with population growth, it makes the existing houses unaffordable by restricting supply and stoking demand.

Find building restrictions, structure plans/design, financing, legal issues....

How is everyone handling reservations that get cancelled or local ordinances temporarily placing restrictions? 

It does say they are in default of the lease if anybody other than the named tenants occupy the house, that they must comply with the hoa rules (which restricts str), and that subleasing / transfer of the agreement is not permitted.

We should visit once the restrictions are lifted.

Hi HuipingI agree with everyone above, you cannot or at least should not restrict your bookings. 

What type of deed restrictions are going to be placed on each sale?  

Anyone in the Green Bay area know the if any restrictions in the works in Green Bay city? 

Also make sure you research any local government / municipal STR restrictions.