Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!

This new regulation aims to increase transparency in the real estate market and protect buyers from potential issues with recently renovated properties.As a fix and flip investor in California, I'm curious to know how this new legislation is affecting your strategies and operations.

There are strict rules and regulations in Shaker Hts. and a lot of the other cities and suburbs.

STR regulations and taxes are becoming harder there, and properties are pretty expensive!

If you meet this regulated threshold at the end of the year, an IRS 1099-K tax form will be provided to you."

Compliance - Check and keep up with all regulations, rules, taxes, insurances, everything!

Not sure what your short term rental regulations are for your area, but if HOA allows, airbnb could be a great way to acquire short-term, mid-term, or long-term roommates.  

Good to know for the next investment - Hopefully eviction procedures have started on my side.

I would just check with local zoning department to see if you need permits or to adhere to certain regulations.

Why is it that most “authorities” that ban STR (or heavily regulate) decide to ban or regulate rental “30 days or less”?