Managing a property can be incredibly rewarding, but it does come with its fair share of challenges—especially with the recent shifts in Rhode Island legislation.In 2024 alone, 39 bills were introduced, and seven significant ones passed, including extended rental terms, mandatory fee disclosures, and other updates that every landlord should have on their radar.

I’d love to hear your thoughts, especially if you’ve seen these challenges in your market or have insights into how STR investors can navigate this potential shift.

Howdy Everyone, I just put a 4-bedroom, 3-full-bath new-build home under contract in Bryan, Texas, using a VA loan.

So shift your expectations to most of the cash out and you'll be good and you'll actually start buying deals, versus people who wait for the perfect deal, spin their wheels for 6 months terminating contracts/analyzing hundreds of places, and then eventually burn out and give up. 

They simply do Fannie, Freddie, FHA, VA, and USDA loans.

You’re absolutely right about the market potentially shifting, and this is where those who are ready to act and think creatively win big.

It’s also worth diving into local regulations and HOA rules—they can shift quickly in coastal markets like this.

I might also compare it to other markets..like Austin or Phoenix..where property prices have been shifting (from what i read in CNBC) but still show growth potential.

Based out of Manassas, VA here :) The 750-hour rule is part of the IRS guidelines for qualifying as a real estate professional under Section 469 of the Internal Revenue Code.

@Reeti PeshawariaThis is a bit tricky to do since STR regulations are an emerging political topic so regulations are consistently shifting.