Best of luck!

Malibu allows it but requires a 15% "hotel tax" on the gross revenue.I would recommend looking out of state or underwrite the property as a long term rental in the event laws change.

Quote from @Atif Khan: Hi, new here. i just finished building my first spec homes out in granbury tx and was looking to buy a few more lots around dfw metroplex.

All the best!

Creative financing is ruling in this transaction space.Would love to discuss the opportunities you are seeing in the sub 50 unit universe and the best creative financing approaches for these deals! 

.: @Sadler Surratt - just curious, why did you ask Cosmo about looking into turnkey options in Huntsville? 

Originally posted by @Andrew Lastivka:Hello, I am a new STR investor and looking for an agent in Central, Ohio and Fort Lauderdale, FL, and surrounding Phoenix, AZ area who specializes in STR's that can assist in buying properties and/or rental arbitrage.

I recently had to get some garage door springs fixed on my home and nobody would give me a quote or even  come look at it without charging me $75+.For all this I pay 8% of rent collected, $300 to place the tenant and $150 for renewals.

Sure you can get away with it , until a home inspector looks at the dates on electric wire , or pvc pipe . 

In your proposed case you would be compounding this negative position by taking away the best source of financing for a large percentage of potential buyers.