Only 1 sale in a year would be exempt and if considered a commercial property sale you are also exempt (these regulations really focus on sales to individuals for their personal home.You don't sound super motivated so I'd let the buyers do their own due diligence - as previously mentioned.Sales Price, Interest Rate and Down Payment terms all work together so if they need flexibility on, say for example the downpayment, you can then up the interest rate or go to 20yr amortization.   

Here's a discussion of the proposed House Bill 579 to regulate short term rentals in Georgia. 

Just make sure you read up on the NC regulations put into effect after the great recession.

It’s usually not cost effective to submeter the water and some states, like Mass, have strict regulations for charging water to tenants.  

I am not saying that you should not listen to RE agents , but keep in mind that most of them needs to sell at the end of the dayAnother place to visit is the local REI club, tons of useful information and real insights if the marketLast - educate your self as much as possible regarding tenant - landlords rules and regulations for the specific city, try to learn about city cose violations etc... this way you will not be surprised down the road.I also like to recommend BP book by David Greene "long distance investing" it is very useful resource and should prepare you well for ling distance investing.Last - Good luck !!!

I still need to figure out what the regulations are in my area, but I'm curious if anyone has pulled it off or tried and failed? 

@Noah Mencia I am surprised you are openly offering "advice" on how one can circumvent the laws and regulations of a city authority to get around proposed restrictions.

Plus, I keep all documents that have ever been signed by me or them uploaded using their file system so at any time, either party can access their lease terms or rules and regulations quickly without having to dig in a drawer to find them.I highly recommend for a first time landlord.  

Everything is arguable because times have changed and our economy and the regulations are all very different compared to the early 2000's.There will be another crash. 

They do a good job driving housing prices up and then taxing, constricting affordable new drvelooment, and regulating the area enough to maintain the higher prices levels .