This year, the State Legislature gave all counties the authority to change STR's laws however they see fit.

Sometimes the best investment is found in a 'transitioning' market that is just outside the 'great' market and is in play to be the next great one. 

Better play it safe and use a warranty deed instead.Also, later on when you sell your property, it will keep the chain of title cleaner for the next title insurance.Last but not least, a warranty deed does not cost more than a quit claim deed...

Curious how this will play out in the courts (granted it's LTR) and affect pricing products used for STR such as PriceLabs (which I use but have to seriously manually adjust for very specific reasons).

Potential redevelopment or ADU play. 

I don't know what the issue is/was, but I think a lot of customers want to play games and he probably did his best to keep them on the straight and narrow. 

It seemed like a long-term play with less price or industry volatility.

Do number, size, or area of investments owned play the biggest role in that decision? 

But, if the deal is a true ABL play, I may not even look at a credit report at all.

If you want to play a passive role, a real estate syndication or debt fund could be a great way to go.