Zoning- certain towns are starting to restrict Airbnb type rental units.  

Additionally, as stated above, for additional questions please contact [email protected] or at (813) 709-8281.Additionally, Blackstone, one of the World's largest Real Estate Investment Trusts, froze redemptions in November 2022 and still have restrictions on redemptions and distributions due to the state of the Real Estate market and economy in 2023 and an unforeseen flurry of requests for withdrawal of funds within their BREIT.  

Focus on locations with strong population growth, growing or stable job markets, low operating costs, and no rent control restrictions.

Now most of the time we don't see househackers/investors use in-house or portfolio loans from banks because sometimes they have more restrictive guidelines and higher fees for holding it which might cause the numbers not to work or for the deal not to go through entirely. 

The City of Portland, and Multnomah County are more restrictive than most of the state for instance. 

Things like quiet hours, parking restrictions, etc.2.

If it's an HOA-based one, or has some other deed restriction, get out of the position.

Property TypeUnderstand the different types of multifamily properties:High-Rise: 9+ floors with an elevator, often urban.Mid-Rise: Smaller than high-rise, usually with elevators.Garden-Style: Low-rise apartments in suburban or rural settings.Walk-Up: 4–6 stories without elevators.Manufactured Housing Communities: Mobile home parks where land is leased to homeowners.Special-Purpose Housing:Student Housing: Designed for college students.Senior Housing: Dedicated to older adults.Subsidized Housing: Affordable housing supported by rent and income restrictions.3.

If you’re using leverage, be extra cautious with your underwriting to ensure the deal still works at today’s rates.Economic Uncertainty: Inflation, potential recessions, or shifts in demand could affect rents, vacancy rates, and property values in some markets.Increased Operating Costs: Rising insurance premiums, property taxes, and maintenance costs can cut into profit margins, particularly for buy-and-hold investments.Regulatory Risks: Some areas are increasing restrictions on landlords, particularly short-term rentals.

@Placeholder PlaceholderOne word of caution I would advise: If a community or local government is enacting restrictions and also regularly enforcing them, then its often a reflection of the local community sentiment which increases the chance of a neighborhood or nearby resident calling you in if they think you may be running an STR.