I know many that have had huge success with it here in Austin because of the uncertain/unstable STR regulatory regime

This also helps shield you from regulatory risk as these communities have engrained STRs into their local economy.

Bronchick was hired and trusted by my elderly mother and is now being sued by the CO Attorney General on behalf of the Colorado Division of Regulatory Securities for multiple instances of fraud.

Future of Ordinances and the Issues That May Arise My Summary - Disruptive Technologies and Methods have thrown a monkey wrench into the state regulatory framework.

What's the regulatory environment for vacation rental ownership in the Denver metro?

In my case it's not regulatory, I'm just not committed to true STR but want the flexibility of furnished monthly for the time being.

It seems to me that this is a viable option but I would be cautious about buying someplace based on the numbers given the regulatory storm that is brewing around the whole short term rental concept.  

So need to be aware of regulatory risk and pick a market where it is minimized.2)Volatility: Seems like some VR markets may be volatile.

But, they're more complex to manage, come with higher operating costs, and may have more regulatory requirements.Ultimately, it depends on your goals and investment strategy.

CDPH, OSHPD and the other regulatory agencies have made it very hard to operate, but on the flip side the owners of the SNFs out here do very very well for themselves.