You could invest in a property and then within a brief period get hit with a ton of regulations after the local government decides to address their STR policies.

It was back in March 2020, just a couple months before covid lockdown hit.

"The Generator" is always the mysterious thing that nobody knows how to work, but some hapless schmuck goes to check it and gets hit in the face with an axe.

That is a significant difference.I've read numerous times that investors who don't set enough aside for maintenance and/or big ticket items often get hit hard and go out of business/go broke when big ticket items do pop up.

The owner of that property in question cannot restore his full VA entitlement until such time as the VA loan is paid off in full.Further, even if you gave him the 3.5% down on FHA, his DTI will still be hit with the payment on that VA loan, almost certainly killing his next home purchase before it even gets going.And if he gives up on homeownership, all the future potential landlords are going to see that mortgage on his credit, and likely consider him unqualified for the rental unit.Unless someone is going to write a check to pay that VA loan off in full, this is a predatory activity and the victim is the owner of the home in question, given his goals and the proposal on the table.Do the right thing.

When losses hits 6 figures to multiple people its time to end this. 

The big cities are hard hit by other investors.

Carefully go over the seller financing agreement's conditions to make sure you understand any stipulations or eventualities that might have an impact on your investment.I am a loan officer and we have over 70 investors here at Aslan, so if your looking for creative financing please hit me up!

But if it is sub-to then the deal works for a nice base hit rental without needing to buy using a HML at 10% and points etc.

If this passes and someone ran their numbers based on 30 day stays, they could see a significant hit to their bottom line.In summary, talk to people who know, ask them what they think will happen in that specific area, and know that in high demand areas an absence of rules can honestly be a red flag - it means the STR conversation hasn't happened yet and leaves you vulnerable to whatever the decision is once it does.