Sounds like the rate you got by buying down a point would also be in line with what we offer as long as credit and the appropriate amount of liquidity are there. 

Below are a few things I look for in a vacation rental cleaner:1) Hot Tub Maintenance: Since many of my properties include hot tubs, it's essential that my cleaners are experienced in testing water quality and adding the appropriate chemicals as needed. 2) Clear Communication: Real-time communication is crucial for me.

Are there current regulations or proposed regulations in place.

I would absolutely have it reviewed by an appropriate attorney.

See if local regulations permits this first, then search on Vrbo and Airbnb to see if there are any sucessful properties in this area.

(By the way, you can Edit your posts within 15 minutes, or Update them thereafter, by hovering over the three green dots at the top of your post, and clicking on the appropriate link).

Your mind will fill your purse with coins".Make sure you completely understand the rules, regulations, and bylaws of any condo/HOA you decide to invest in. 

I'm struggling to find ordinances surrounding the requirements and regulations with this strategy in Cleveland heights.

Quote from @Fred Bagirov: I am new to Cleveland and trying to understand the market, rules, regulations (and loopholes, if any) with STR properties. 

Specifically, does the regulation still apply if I am the host and reside adjacent to the rental property?