Also 4th quarter of last year Packwood and county officially did discuss potentially regulating STR's by either limiting numbers or adding a tax to cover increases in local services that are needed.

This would only ever come up in a formal IRS audit, but the regulators don't like 1031 properties that are purchased below market value or rented below market value.  

Yes, but I've heard you have to double close because of regulations.

However, they also engage with contractors and service providers, suggesting some level of outsourcing.In general, a Housing Authority's management structure will depend on its size, the scope of services it provides, local regulations, and the organization's strategies.

Nevada, with cities like Las Vegas and Reno, offers a tourism-driven economy, ideal for vacation rentals, but be sure to research regulations on short-term rentals.

Ha, yeah that had always been my concern but some of the suggestions on here seem valid about strict rules and regulations on the leases, and I would be providing housing at 20% to 30% cheaper than anyone else could find of they wanted a studio to themselves.

Why hold in Baltimore when you can hopefully get it vacant, sell it, and use the money for another property closer to you or use that money to build an ADU.Have you checked the regulations on ADU and impervious cover for your house?

Lots of the known companies such as CHUBB, Cincinnati and others are using their E&S companies that aren’t regulated but the state to offer coverages where they can.  

Most CPAs/tax professionals do not have the time to study this calculation intense niche of real estate regulations.

Consider HOA regulations as they could pose additional risks, be sure to thoroughly review the Covenants, Conditions, and Restrictions (CCRs) regarding rental restrictions or limitations.Strength:Elderly tenants are inclined to move less frequently, resulting in reduced turnover.