The legislation here is not conducive to new start-ups and I do not foresee any large employers moving here.

I am not a lawyer and this is not legal advice.What I've heard is that what the Missouri Legislature was trying to do was require that the tenants' security deposits be kept in a separate bank account, and not mixed in with a landlord's other funds.However, calling it a "trust" in the legislation technically means you need to get a lawyer and set up a trustee and file some paperwork and a bunch of good stuff that costs at least a few hundred dollars.The landlords I know around the KC area have been taking one of two approaches:1) Set up a separate bank account at the place where you do your landlord banking. 

. :)But...I also think this will be temporary as legislative bodies (federal and state) will step in and bring the third party debt buyers into the fold.

There was a bill introduced in the previous legislative session that transferred the power to regulate this to the state level, but it was not passed before the session ended.

While each state has its own legislation and case law, it is important that we all, in our continued efforts to source great "deals", maintain an ethical and moral stance.  

Airbnb will be in Atlanta next week sharing legislation they're proposing to City govt. 

It all goes back to state legislation and how the cities can regulate there own affairs.I interpret many zoning codes and in general there is an underlying concept with them.  

Any legislation or tax benefits that only benefit plutocrats(sorry, dear reader, that isn't you, or me,) will remain or possibly be expanded. 

@Jay Hinrichs  The conversion rate to home ownership is so low, it would not surprise if there is further restrictions legislated. 

The contracts are always up to state law including the latest legislative changes.