They may be regulated, they maybe aren't.A Credit Union is a good choice for funding.

They’ll check if your property, zoned R5, allows a curb cut and ensure it meets zoning regulations.

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. 

More deals are killed by procedure and regulations than anything else it seems. 

One tip: focus on areas with year-round demand and check local regulations early—they can make or break a deal. 

Are there any rules, laws, or regulations regarding this?

@Jonathan Greene @Jay Hinrichs @Nicholas L.Note: Each state has their own way of handling and regulating foreclosures, and as someone who is not specializing in foreclosures I can give you only general ideas and information. 

SFHs are largely exempt from many regulations such as rent control.

Big cities tend to have more regulations, more crime, more leftist-leaning policies that hurt investors and private property rights, etc.

Bacon is more yummy than a Christmas tree, but I bet I'm going to have a whole lot less regulation growing Christmas trees... however, before we even get to that, it's necessary to know that the inquiry is even about bacon v Christmas trees, rather than Bacon v grapes.