Another very dumb regulation is if someone switch jobs internally inside company, these circumstances makes them as they have no W2 as lender wants last two years with stable position.So again, here Credit union lender can give conventional rate that's very enticing by giving exception.

All the rules and regulations make it more expensive . 

STR's probably take more effort than investors expect, but they are a proven and generally less available (due to regulation) asset class. - Do you data research.

Hi Adam, because there are lots of STRs on the market, so you see regulations are tighter and tighter.

You can figure that out by reaching out and talking with the municipality and/or reading their regulations for yourself.

But...If the average renter is being left behind, if their income can't stay in line with the cost of living, I fear it will lead to a larger crisis and continued intervention/regulation by government.  

Do you know the regulation for Florence?

I have a realtor friend that knows the Miami STR regulations like the back of her hand.

Hi Sam, I would highly recommend reach out to your county or city government to get accurate STR regulations before you list it on Airbnb & VRBO. 

Lenders have to meet additional regulations if you plan to live in the property which is likely why you are continuing to get that question.