Fort Collins did it since the 1960s and only recently created a law against it because of rent rates.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I also am very interested in purchasing more STRs, and this is a really low risk way to see if I'm up for it (we have a 2.9% interest rate on our mortgage).My biggest concern is an ongoing plumbing issue we have had.

You can then rent at market rate but have to register it with the town annually and abide by their annual inflation rules.

What about rate and term refinancing?

Credit (loans) become much more difficult to obtain and if available you pay a MUCH higher interest rate with a much higher down payment requirement2.

Interest rates between a HEL and a refi are comparable, the equity in the property is equal to the value of the property and I only need about 50% to purchase another property.

I think most investors want to win on more than just the interest rate.

The main reason I decided to sell rather than hold was the rising interest rates.

They have had 100% occupancy at market rates and currently bring in around $2,000 per month in cash flow.