Strata fees are also tricky given they can fluctuate and special levies can be assessed to an owner which can’t necessarily be passed onto the tenant.

Hey Levi,Good question.

Then you think about strata fees and how they fluctuate and the special levies that may or may not be assessed that you cannot necessarily pass on to your tenant.

@Jay Levy @Collin H.

A great deal of your cash throw off is subsumed into HOA fees potentially and these fees can change without your permission - additionally special assessments can be levied that can destroy any profit you have and you have no power to stop it - trying to sell a townhome / SFH or a condo with an unexpected special assessment on it or a large improvement project in the community that is projected to hike up the fees next year is challenging.Investing well necessitates your ability to pivot and retain flexibility to minimize your risk and leverage your asset or liquidate it when you need to - an HOA is not your best route.The lease restrictions in FL are so widespread because the state needs to provide economic stability to it’s residents because we have the most miles of coastline and therefore vacationers than any other state- if every residence could be rented at will it would obviously reduce the value of the property and precipitate all of the negative consequences of that.Hope that helps!

@Levi Mitchell As an investor/landlord in Wilmington-NC its gotten competitive and crowded with so many investors in the area but the demand for rental housing is strong.

@Levi FerdinandNY State tax laws are one of the more complex in the country.

@Moriel Levy - yes! 

@Levi GiafaglioneI have a contractor you can use.

@Collin H. are you saying they want you to pay the 6.5% excise tax on the Vrbo fee?