Hey Gene! 

Adjustable rate allowed but restrictions on the amount of increase and frequency of rate adjustments.The loan cannot include a balloon.Seller must not be the builder.More Than 3 Properties You Must Use a MLO and Comply With All Regulations Such As:The loan cannot include a balloon.

Short term rentals impose costs on the local community (parking, noise, increased demands on infrastructure), so regulation is completely justified.

It makes no sense because there are no regulations regarding off street parking for tenants who stay 30 days or more.

However, for many parts of the country, there’s a 7th bullet that will blindside folks who got in too late: regulation.

@Brandon Boyce Good to hear that you guys do your due diligence on local regulations.

I understand that you want to look for a place with year round tourism, growing tourism stats, favorable STR regulations, etc.

This is going to be unpopular with the STR crowd but I would absolutely NOT invest in the traditional vacation markets today.If you're hell-bent on going the STR route, find a metro area that has lax or no regulations currently. 

I think my position is a bit more complex than your average investor since:1) I am brand new and have been shopping for a good CPA to no avail for a month.2) I need to shelter risky assets as best as possible (which may include anonymity)3) I am looking to aggressively expand over the next 12 months into different states for short-term rentals, which have volatile regulations.4) My expected income for 2018 has a very wide band thus leaving room for the need for constant advice and dynamic planningThanks so much for any thoughts.

I was wondering what you, as local landlords , have done or know about these rules and regulations?