So the govt entities can't come in and change the laws to restrict or prohibit STRs from operating like they are in many other areas. 

If you are going to do it yourself and be successful, you must know the law inside and out and learn how to resolve problems before they happen.If only someone wrote a practical how-to book for DIY Landlords...

Good luck.If your very choosy ( as long as the law allows you to be) Section 8 can be just fine.. their are risks though.As we know 90% or more of section 8 is single mothers..

When you figure out money flow, count all costs, and know the laws for renters and owners.

Not to mention the laws they be changing..

We have tenants add .5x for a pet deposit in lieu of a $500 pet deposit (2.5x or 3.5x respectively) however there are some new pet fee and pet deposit laws coming in Colorado January 1, 2024 and we aren't yet sure how these caps on pet deposits will impact our use of Rhino for this purpose (see below re: legal definition of "Security Deposit").What questions do you have?

I do look at the population, rental laws, rental laws, and major businesses/organizations (hospitals, universities, big business, etc.)

Know and obey the law.

If you anticipate challenges, it might be strategic to wait until closer to the 90-day notice period required by law.

In some state you cannot require them to have renters' insurance so know your local laws.